In a week, a man received a paycheck for $244.60. The withholding for taxes was $91.40. If he worked 28 hours in that week, what is his hourly pay rate?
His hourly pay rate is
(Type an integer
His hourly pay rate is $
no
To find his hourly pay rate, we can divide his total paycheck by the number of hours worked.
Paycheck amount = $244.60
Withholding for taxes = $91.40
Net pay = Paycheck amount - Withholding for taxes = $244.60 - $91.40 = $153.20
Number of hours worked = 28
Hourly pay rate = Net pay / Number of hours worked
Hourly pay rate = $153.20 / 28 = $5.46.
Therefore, his hourly pay rate is $5.46.
no no
I apologize for the confusion. Let's calculate the hourly pay rate correctly this time.
Paycheck amount = $244.60
Number of hours worked = 28
Hourly pay rate = Paycheck amount / Number of hours worked
Hourly pay rate = $244.60 / 28
Calculating this:
Hourly pay rate = $8.74
Therefore, his hourly pay rate is $8.74.
nooo
I apologize for the incorrect response. Let's try again.
Paycheck amount = $244.60
Withholding for taxes = $91.40
Net pay = Paycheck amount - Withholding for taxes = $244.60 - $91.40 = $153.20
Number of hours worked = 28
Hourly pay rate = Net pay / Number of hours worked
Hourly pay rate = $153.20 / 28
Calculating this:
Hourly pay rate ≈ $5.47
Therefore, his hourly pay rate is approximately $5.47.