Question

Not sure how to solve this one...
You work 40 hours/week for 52 weeks and are given the option to be paid hourly or to go on salary. In which situation will you earn the most?
$30,000/year
$15.00/hour
$30,000/year with a 10% bonus
$15.00/hour and a $2,000 bonus at the end of the year

Answer 1

I think it is 15.00/hour and a 2,000 bonus at the end of the year

Answer 2

I just need help figuring out how to do it so i can work future probems

Answer 3

I would test each one and see which brings you the most annual earnings.

Answer 4

The 30,000 a yeAr is already done
The $15 a hour is 40 * 15* 52 =$31,200 etc,

Answer 5

30,000 a year with 10% bonus is $30,000 + $3,000 = $33,000 a year.

Answer 6

The $15.00 per hour ($31,200) +$2,000 bonus would be $33,200 annual earnings
So your choices are 30,000, 31,200, 33,000 and 33,2000 per year. I know which one I would go for.