An executive in an engineering firm earns a monthly salary plus a Christmas bonus of 6400 dollars. I

Discussion in 'Calculator Requests' started by math_celebrity, Aug 24, 2020.

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  1. math_celebrity

    math_celebrity Administrator Staff Member

    An executive in an engineering firm earns a monthly salary plus a Christmas bonus of 6400 dollars. If she earns a total of 87400 dollars per year, what is her monthly salary in dollars?

    Calculate the annual salary without bonus:
    Annual Salary = Total Pay - Christmas Bonus
    Annual Salary = 87400 - 6400
    Annual Salary = 81000

    Now calculate the monthly salary. Note: there are 12 months in a year:
    Monthly Salary = Annual Salary / 12
    Monthly Salary = 81000/12
    Monthly Salary = 6750
     
    math_celebrity, Aug 24, 2020
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