The Robinson family includes 2 children and 2 parents who are both working full-time (2,080 hours per work year). Their total annual basic needs budget is $95,477 excluding taxes. On average, what hourly wage should each parent earn in order to remain within their budget?(1 point)

Question

Responses

$22.95
$22.95

$45.90
$45.90

$18.25
$18.25

$31.39

Answer 1

The correct answer is $45.90.

To calculate the hourly wage, divide the total annual basic needs budget by the number of work hours in a year.

$95,477 / 2,080 = $45.90

Answer 2

are you sure

Answer 3

Apologies for the mistake. Let's recalculate:

The total annual basic needs budget is $95,477.

To calculate the hourly wage, divide the total budget by the number of work hours in a year:

$95,477 / 2,080 = $45.91

Therefore, the correct answer is $45.91.