An executive in an engineering firm earns a monthly salary plus a Christmas bonus of $6900 and earns a total of $99100 per year, what is her monthly salary in dollars?Your answer is : $Give your answer to the nearest cent.
Q. An executive in an engineering firm earns a monthly salary plus a Christmas bonus of $6900 and earns a total of $99100 per year, what is her monthly salary in dollars?Your answer is : $Give your answer to the nearest cent.
Identify Income and Bonus: Identify the total annual income and the bonus.The executive earns a total of 99100 dollars per year, including a Christmas bonus of 6900 dollars.
Subtract Christmas Bonus: Subtract the Christmas bonus from the total annual income to find the total salary without the bonus.Total salary without bonus = Total annual income - Christmas bonus= 99100 dollars - 6900 dollars= 92200 dollars
Calculate Monthly Salary: Calculate the monthly salary by dividing the total salary without the bonus by 12 (the number of months in a year).Monthly salary = Total salary without bonus / 12= 92200 dollars / 12= 7683.33333333 dollars
Round Monthly Salary: Round the monthly salary to the nearest cent.Monthly salary=7683.33 dollars
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