First, we need to calculate the total amount Eben needs to earn for his higher education. Since he needs $22,500 each year for 4 years, the total amount needed is 22,500 * 4 = $<<22500*4=90000>>90,000.
Next, we need to calculate the total number of hours Eben will work over the next four years. He will work 20 hours per week for 50 weeks per year, so the total number of hours is 20 * 50 * 4 = <<20*50*4=4000>>4000 hours.
Finally, we can calculate the minimum he must make per hour by dividing the total amount needed by the total number of hours: $90,000 / 4000 = $<<90000/4000=22.5>>22.5 per hour.
Therefore, the minimum he must make per hour is $22.50.
So the correct answer is $22.50
Eben figures he can work a part-time job for 20 hours a week, 50 weeks a year, for the next four years to earn money for his higher education. He wants to pursue a two-year program at a community college and figures he will need $22,500 each year for tuition, fees, and living expenses. What is the minimum he must make per hour?
$5.63
$10.82
$11.25
$10.50
1 answer