Question

Ramiro got a job through the McGovern Employment Agency. The job pays $59400 per year, and the agency fee is equal to 25% of one month's pay How much must Ramir0 pay the agency? Round to the nearest cent. There are 12 months in a year. Input the numbers only -do not insert a dollar sign. Previous o new data to save astchegked at 2:0am Submit Q

Answer 1

He earns $59,400 per year and the agency fee is 25% of one month salary . His one month salary can be calculated as follows

$\frac{59400}{12}=4950$

25% of one month salary can be calculated as follows

$\frac{25}{100}\times4950=\frac{123750}{100}=1237.5$