Question

You work 40 hours/week for 50 weeks and are given the option to be paid hourly or to go on salary. In which situation will you earn the most?
(1 point)
Responses

$33,000/year
$33,000/year

$17.00/hour
$17.00/hour

$33,000/year with a 10% bonus
$33,000/year with a 10% bonus

$17.00/hour and a $2,000 bonus at the end of the year
$17.00/hour and a $2,000 bonus at the end of the year

Answer 1

Calculate annual pay (40 hr/week × 50 weeks = 2,000 hours/year):

- $33,000/year = $33,000
- $17/hour = 17 × 2,000 = $34,000
- $33,000 + 10% = $33,000 + $3,300 = $36,300
- $17/hour + $2,000 = $34,000 + $2,000 = $36,000

Highest: $33,000/year with a 10% bonus ($36,300).