Instruction 2-1 Unless Instructed Otherwise, Compute Hourly Rate and Overtime

question 99

Essay

Instruction 2-1 Unless instructed otherwise, compute hourly rate and overtime rates as follows:  
1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate).
2. If the third decimal place is 5 or more, round to the next higher cent.
3. If the third decimal place is less than 5, drop the third decimal place.
Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow.
Refer to Instruction 2-1 . Bakker is paid an hourly rate of $10.65. For 130 minutes spent on a certain job, Bakker is paid __________.

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Definitions:

Belief in the Paranormal

The acceptance of phenomena or entities not recognized by scientific consensus, such as ghosts, ESP, or UFOs.

Scientifically Advanced Countries

Nations that are at the forefront of technological innovation and scientific research, often characterized by significant investments in research and development (R&D) and a high number of patents and scientific publications.

Critical Thinkers

Individuals who actively and skillfully analyze, assess, and reconstruct their thinking, thereby making reasoned judgments.

Received Wisdom

Received wisdom refers to ideas, opinions, or beliefs that are widely accepted as true without being critically examined.