The living hourly wage of 2 working adults with 2 children in Fort Worth, Texas, is $22.95 each. The total hours worked for each adult is 160 per month. What is the available monthly income that will be applied to the household budget?(1 point)
Responses
$7,344
$7,344 - no response given
$3,672
$3,672 - incorrect
$7,350
$7,350 - no response given
$5,508
The available monthly income that will be applied to the household budget is:
(total hours worked per adult) * (hourly wage per adult) * (number of working adults) = (160) * ($22.95) * (2) = $7,344.
So, the correct answer is $7,344.