1. Scenario: Nancy is in her 2nd year of college. She works part-time at a craft store earning $10.25/hour. She works 48 hours each month. She is saving money to buy a new laptop. (This Scenario will be used for Questions 1-4).

Based on the scenario above, how much money does she bring home each week if 1/5 of her paycheck goes to taxes?
Step 1: Gross Pay = 48 * $10.25
Step 2: Taxes = 1/5 * Gross Pay
Step 3: Take Home Pay = Gross Pay - taxes

A.
$492.00
B.
$98.40
C.
$393.60

Question

1. Scenario: Nancy is in her 2nd year of college. She works part-time at a craft store earning $10.25/hour. She works 48 hours each month. She is saving money to buy a new laptop. (This Scenario will be used for Questions 1-4).

Based on the scenario above, how much money does she bring home each week if 1/5 of her paycheck goes to taxes?
Step 1: Gross Pay = 48 * $10.25
Step 2: Taxes = 1/5 * Gross Pay
Step 3: Take Home Pay = Gross Pay - taxes 


A. 	 
$492.00 
B. 	 
$98.40 
C. 	 
$393.60