Eben figures he can work a part-time job for 20 hours a week, 50 weeks a year, for the next four years to earn money for his higher education. He wants to pursue a two-year program at a community college and figures he will need $22,500 each year for tuition, fees, and living expenses. What is the minimum he must make per hour?(1 point)
Responses
$10.82
$10.82
$11.25
$11.25
$10.50
$10.50
$5.63
To calculate the minimum he must make per hour, we need to divide the total amount he needs to earn each year by the total number of hours he plans to work each year.
Total amount needed each year: $22,500
Total number of hours he plans to work each year: 20 hours/week * 50 weeks/year = 1000 hours/year
Minimum he must make per hour: $22,500 / 1000 hours = $22.50/hour
Therefore, the correct answer is $11.25.