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)
To find the average hourly living wage for each adult, we need to divide the monthly cost of living by the number of hours worked by both adults combined.
Assuming a full-time workweek of 40 hours each, both adults work a total of 2 * 40 = <<2*40=80>>80 hours per week.
In a month with 4 weeks, they work a total of 80 * 4 = <<80*4=320>>320 hours each.
The total number of hours worked by both adults in a month is therefore 2 * 320 = <<2*320=640>>640 hours.
To find the average hourly wage, we divide the monthly cost of living by the total number of hours worked:
Average hourly wage = $3,784 / 640 = $5.91
Rounding to the nearest hundredth, the average hourly living wage for each adult is $5.91.