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Compensation
10. You have a choice of receiving a wage of $34,000 per year, $2840 per month, $650 per week, or $18
per hour. Which pay choice would you take? Assume a 40-hour work week with 52 weeks per year.

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jameslee2798

Answer:

Step-by-step explanation:

Monthly rate:

So if we convert $2840 per month into year that would be: 2840 * 12 (that's how many months in a year) = 34,080

Weekly rate:

There are approximately 4.345  weeks per month since it sometimes changes. So, to find the wage per month: 650 * 4.345  = 2824.25. To find the yearly rate multiply it by 12. So, 2824.25 * 12 = 33,891

Hourly rate:

Yearly Salary : $35,100

$18 per hour

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