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avontebumgardner
avontebumgardner avontebumgardner
  • 21-03-2016
  • Mathematics
Answered

How many years does it take to earn 1,000,000 dollars if you are paid $30 an hour and work 35 hours a week for 50 weeks a year

Verified Answer :

cdbuck
cdbuck cdbuck
  • 21-03-2016

first, we do 30 dollars per 1 hour times 35 hours per 1 week.
3035 = 1050 dollars per 1 week
now, we do 1050 dollars per 1 week times 50 weeks per 1 year.
1050
50 = 52500 dollars per 1 year
finally, we divide 52500 dollars per 1 year by 1,000,000 dollars earned overall and we get the fraction
400/21
that doesn't come out to an exact decimal, so we get either
400/21 years or the rounded decimal of
19.0476 years
so, approximately 19 years.

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