Bytelearn - cat image with glassesAI tutor

Welcome to Bytelearn!

Let’s check out your problem:

An executive in an engineering firm earns a monthly salary plus a Christmas bonus of $6900\$6900 and earns a total of $99100\$99100 per year, what is her monthly salary in dollars?\newlineYour answer is : \newline$\$\newlineGive your answer to the nearest cent.

Full solution

Q. An executive in an engineering firm earns a monthly salary plus a Christmas bonus of $6900\$6900 and earns a total of $99100\$99100 per year, what is her monthly salary in dollars?\newlineYour answer is : \newline$\$\newlineGive your answer to the nearest cent.
  1. Identify Income and Bonus: Identify the total annual income and the bonus.\newlineThe executive earns a total of 9910099100 dollars per year, including a Christmas bonus of 69006900 dollars.
  2. Subtract Christmas Bonus: Subtract the Christmas bonus from the total annual income to find the total salary without the bonus.\newlineTotal salary without bonus = Total annual income - Christmas bonus\newline= 9910099100 dollars - 69006900 dollars\newline= 9220092200 dollars
  3. Calculate Monthly Salary: Calculate the monthly salary by dividing the total salary without the bonus by 1212 (the number of months in a year).\newlineMonthly salary = Total salary without bonus / 1212\newline= 9220092200 dollars / 1212\newline= 7683.333333337683.33333333 dollars
  4. Round Monthly Salary: Round the monthly salary to the nearest cent.Monthly salary=7683.33 dollars\text{Monthly salary} = 7683.33 \text{ dollars}

More problems from Exponential growth and decay: word problems