Q:

Mr. Leonard took a job through an employment agency. The job pays $88K per year. He must pay a fee to the employment agency. The fee is 22% of his "rst four weeks’ pay. How much money must Mr. Leonard pay the agency, to the nearest cent? K = 1,000 88K = 88 × 1,000 = __________ annual salary Weekly salary = annual salary ÷ 52 Weekly salary = 88,000 ÷ 52 = __________ 4 weeks salary = 4 × 1,692.31 = __________ 22% of 4 weeks salary = 6,769.24 × 0.22 ≈ __________ Mr. Leonard must pay the agency __________.

Accepted Solution

A:
This question shows you how to determine the amount of money Mr. Leonard makes in 4 weeks.  It takes his total salary, divides it by 52 (there are 52 weeks in a year), then multiplies it by 4 (you need 4 weeks worth of pay). 

This amount is shown as $6769.24.

He must pay the agency 22% of this, so change 22% to 0.22 and multiply it by the amount he makes in 4 weeks.

0.22 x 6769.24 = $1489.23

Mr. Leonard must pay the agency $1489.23 after the first 4 weeks.