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Jerry makes $40,000 a year working at a nearby factory. He gets two weeks paid vacation per year, plus five other paid holidays. He wants to figure out his per-diem (daily) pay, so he divides 40,000 by 365, which yields $109.59. Is this the correct answer?

Verified Answer :

Answer:

Vacation pays are not included in salaries. Therefore, Jerry's calculation is wrong.

Step-by-step explanation:

Given is :

Jerry makes $40,000 a year working at a nearby factory.

He gets two weeks paid vacation per year, plus five other paid holidays.

So total paid holidays become = \(14+5=19\) days

Subtracting 19 from 365 days and assuming that Jerry works for 365 days a year.

We get = \(365-19=346\) days

So, his per day salary will be = \(\frac{40000}{346}= 115.60\)

Vacation pays are not included in salaries. Therefore, Jerry's calculation is wrong.

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