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14 January, 13:49

Tyrone's hourly wage is $18 and his net pay is 72% of his earnings. Tyrone spends about $1,800 on his monthly expenses. If Tyrone works 40 hours per week and has no other sources of income, what is his total monthly cash inflow?

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Answers (2)
  1. 14 January, 13:58
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    ((18*40) * (4weeks of pay)) 0.72 (to discount taxes and result in net pay) = $2,073.60 earned during the month. If he spends $1,800 of that his inflow will be $273.60.
  2. 14 January, 14:17
    0
    His total monthly cash inflow is: $273.6

    Step-by-step explanation:

    Given, Tyrone's hourly wage is: $18

    He work 40 hours in week.

    Also we know that their are 4 weeks in a month.

    and, Also his net pay is 72%

    So his Monthly Wage is: 18 * 40 * 4 * 0.72 = $2,073.6

    It is given that, Tyrone spends $1,800

    So, his total monthly cash inflow is: $2,073.6 - $1,800 = $273.6
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