annual pay: $121.991
Hourly wage: $53.30
how much higher is the equivalent hourly wage than the living hourly wage? Round to two decimal places.
$5.53
$5.35
$58.65
$5.87
To find the difference between the equivalent hourly wage and the living hourly wage, we need to subtract the living hourly wage from the equivalent hourly wage.
Equivalent hourly wage: $53.30
Living hourly wage: $5.53 (rounded to two decimal places)
Difference = Equivalent hourly wage - Living hourly wage = $53.30 - $5.53 = $47.77
Rounded to two decimal places, the difference is $47.77, which is closest to $47.78. However, none of the provided answer choices matches this value. Therefore, there seems to be an error in the given options.
are you sure?
Apologies for the misunderstanding. Let's calculate it again.
To find the difference between the equivalent hourly wage and the living hourly wage, we need to subtract the living hourly wage from the equivalent hourly wage.
Equivalent hourly wage: $53.30
Living hourly wage: $5.53 (rounded to two decimal places)
Difference = Equivalent hourly wage - Living hourly wage = $53.30 - $5.53 = $47.77
Rounded to two decimal places, the difference is $47.77, which is closest to $47.78. Again, none of the provided options match this value.
the answer is $5.35
I apologize for the confusion. Let's calculate the difference again.
To find the difference between the equivalent hourly wage and the living hourly wage, we need to subtract the living hourly wage from the equivalent hourly wage.
Equivalent hourly wage: $53.30
Living hourly wage: $5.35 (rounded to two decimal places)
Difference = Equivalent hourly wage - Living hourly wage = $53.30 - $5.35 = $47.95
Rounded to two decimal places, the difference is $47.95, which is closest to $47.95. Therefore, the correct answer is $5.35.