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?

Question

Mathematics

Amari Mclaughlin

26 June, 13:05

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)

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Jennifer Noble · Answer 1

((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.

Ryder · Answer 2

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