Financial Literacy Unit Test

Question

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Question
Tameka makes $83,616 a year as an engineer at NASA. If she works 40 hours each week, how much does she make per hour?(1 point)
Responses

Not enough information.
Not enough information.

$41.81
$41.81

$40.20
$40.20

$1,608
$1,608
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Answer 1

To find out how much Tameka makes per hour, we can follow these steps:

1. Calculate the number of weeks in a year: There are 52 weeks in a year.
2. Calculate the total number of hours she works in a year:
   • Hours worked per week = 40
   • Total hours in a year = 40 hours/week × 52 weeks/year = 2,080 hours/year
3. Calculate her hourly wage:
   • Annual salary = $83,616
   • Hourly wage = Annual salary / Total hours worked in a year = $83,616 / 2,080 hours

Now, let's calculate it:

\[ \text{Hourly wage} = \frac{83,616}{2,080} \approx 40.20 \]

So, Tameka makes approximately $40.20 per hour.

The correct response is $40.20.