Desiree works 28 hours per week. She has a monthly income of $120 from investments. Desiree also plays in a band one night a wee
k making $200. She has a total annual income of $49,696. Desiree wants to ask her boss for a raise so that next year she can have a total income of $51,880. Assuming the other incomes remain the same, how much of an hourly raise will Desiree need? a. $1.25 b. $1.50 c. $1.75 d. $2.00
So hmmm let's see she has a monthly income of 120 from investments, now, there are 12 months in a year, so her yearly income from investments are 120*12 or $1440
she plays on a band, and makes 200 a week, now, there are 52 weeks in a year, so her yearly income from band playing is 200 * 52, or $10400
her total annual income is 49696, now, if we subtract the band and investment income, we'd be left over with only what comes from her job payrate so 49696 - 1440 - 10400 is 37856
so, she makes from her job, $37856 annually
now, she only works 28 hours weekly, how much is that yearly? well, 52 weeks in a year, she works 28*52 hours a year, let us divide 37856 by that
37856 ÷ ( 28 * 52) well, it ends up as 26
so, her hourly payrate is $26 per hour
now, she wants to ask for a raise, to make 51880 annually
well, if we check the difference of 51880 and 49696, that'd leave us with the difference in pay, or the raise annual amount
51880 - 49696 = 2184
ok, so she wants $2184 annually more from her work how much is that in the hours she works annually? well 2184 ÷ ( 28 * 52)
