Alan Is an Hourly Worker Who Earns $10

question 25

Multiple Choice

Alan is an hourly worker who earns $10.50 per hour and is paid overtime for any time over 40 hours per week.During a weekly period,he worked the following hours:
What is his gross pay for the week using both quarter-hour and hundredth hour methods? (Do not round interim calculations.Round final answer to two decimal places. )

• A) $420.00;$439.69
• B) $435.75;439.43
• C) $420.00;$429.67
• D) $420.00;$434.69

Demonstrate an understanding of the importance of nonverbal communication in expressing empathy and building connections.

Recognize the importance of addressing and confronting inappropriate behavior and harassment.

Understand the principles of assertiveness and its application in self-advocacy and relationship building.

Evaluate the importance of proper etiquette in email communications and the impact of digital communication on relationships.

---

Definitions:

Interest Rate

The expense a borrower bears for the use of funds from a lender, measured as a fraction of the principal.

Discount Rate

This term refers to the interest rate used in discounted cash flow analysis to figure out the current value of cash flows that will occur in the future.

Present Value

The contemporary equivalence of a series of future cash inflows or a single future sum, adjusted by a given rate of return.

Perpetuity

A financial instrument that pays a fixed amount of interest indefinitely, with no maturity date.