For a family of 4, the estimated monthly cost of living in Fort Worth, Texas is $3,784. If there are 2 full-time working adults in the family, what is the average hourly living wage of each in order to support their basic needs? Round your answer to the nearest hundredth.(1 point) explain how you got the answer.
To find the average hourly living wage for each adult, we can divide the estimated monthly cost of living by the number of hours each adult works in a month.
Let's assume each adult works an average of 40 hours per week, and there are approximately 4.33 weeks in a month (52 weeks/year divided by 12 months).
So, the total number of hours worked by each adult in a month is:
40 hours/week * 4.33 weeks/month = 173.2 hours/month (rounded to the nearest tenth)
Now, we divide the estimated monthly cost of living by the total number of hours worked by each adult in a month:
$3,784 / 173.2 hours = $21.85 (rounded to the nearest hundredth)
Therefore, the average hourly living wage for each adult in Fort Worth, Texas is $21.85.