Wyatt has worked for the same company for 6 years and earns $1,057.70 per year. He has used all his sick days, but he has not yet taken 10 vacation days that he has earned. If he leaves the job today, how much money will be added to his final paycheck on top of his pay for his last week of work?
A. Nothing
B. $1,057.70
C. $1,511.00
D. $2,115.40
To determine the amount of money added to Wyatt's final paycheck, we need to calculate the value of his unused vacation days.
Since Wyatt has been with the company for 6 years and earns $1,057.70 per year, the total amount he earns per year is $1,057.70 * 6 = $<<1057.7*6=6346.20>>6346.20.
Since Wyatt has not taken 10 vacation days that he earned, the value of his unused vacation days is $6346.20 / 52 weeks per year = $122.12 per week.
Therefore, the value of his unused vacation days is $122.12 * 10 days = $<<122.12*10=1221.20>>1221.20.
Since Wyatt has used all his sick days but has not yet taken his vacation days, the amount of money added to his final paycheck would be $1221.20.
Therefore, the correct answer is D. $2,115.40.
To calculate how much money will be added to Wyatt's final paycheck, we need to determine the value of his unused vacation days.
Wyatt has earned 10 vacation days but has not used them. Each vacation day is worth his daily wage, which can be calculated by dividing his yearly wage by the number of workdays in a year.
Wyatt earns $1,057.70 per year, so we need to find his daily wage.
There are typically 52 weeks in a year, and assuming a 5-day workweek, that would total 260 workdays in a year (52 weeks x 5 days = 260).
To find Wyatt's daily wage, we divide his yearly wage by the number of workdays in a year:
$1,057.70 / 260 = $4.07 (rounded to the nearest cent).
Now we can find the value of his unused vacation days by multiplying his daily wage by the number of vacation days he has earned but not taken:
$4.07 x 10 = $40.70.
Therefore, if Wyatt leaves the job today, $40.70 will be added to his final paycheck on top of his pay for his last week of work.
The correct answer is: B. $1,057.70.
To determine how much money will be added to Wyatt's final paycheck, we need to calculate the value of the unused vacation days. The value of each vacation day can be found by dividing Wyatt's annual salary by the number of working days in a year.
First, we calculate the value of one vacation day:
Value of one vacation day = Annual salary / Number of working days in a year
Wyatt's annual salary is $1,057.70, and there are typically 260 working days in a year (excluding weekends and holidays).
So, the value of one vacation day = $1,057.70 / 260 = $4.07 (rounded to the nearest cent).
Next, we need to determine how many vacation days Wyatt has remaining. He has not yet taken 10 vacation days, so the value of those unused vacation days is:
Value of unused vacation days = Value of one vacation day * Number of unused vacation days
= $4.07 * 10 = $40.70
Therefore, the amount added to Wyatt's final paycheck for the unused vacation days is $40.70.
None of the given options match this amount, so the correct answer is A. Nothing.