Problema Solution
Pay Rate
You need to earn $475.00 per week to afford the new car you want to purchase. Your work week is 45 hours. You get 1.5 times the regular hourly rate for overtime (anything over 40 hours). How much does your hourly rate need to be?
Answer provided by our tutors
let 'x' represent the hourly rate, x>0
40x + (45 - 40)*1.5*x = 475.00
by solving we find
x = $10 per hour
click here to see the step by step solution of the equation
the hourly rate needs to be $10 per hour.