Question

learning activity 1.2 - hourly rate gross income calculations
in this activity you will work out weekly, fortnightly, and monthly incomes based on the hourly rate income. hint: use the table in your learner notes to help you.
read the following scenarios and answer the questions that follow.

scenario 1: niko earns \\$24.80 gross per hour. he works 38 hours per week.
work out nikos weekly, fortnightly, and monthly gross income. show your calculations.
a. gross weekly income
b. gross fortnightly income
c. gross monthly income

scenario 2: naomi earns \\$26.50 gross per hour. she works 36 hours per week.
work out naomis weekly, fortnightly, and monthly gross income. show your calculations.
a. gross weekly income
b. gross fortnightly income
c. gross monthly income

Explanation:

Calculate Niko's gross incomes

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$$

Calculate Naomi's gross incomes

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$$

Answer:

Scenario 1: Niko

• A. Gross weekly income:

$$ \$24.80 \times 38 = \$942.40 $$

• B. Gross fortnightly income:

$$ \$942.40 \times 2 = \$1,884.80 $$

• C. Gross monthly income:

$$ \frac{\$942.40 \times 52}{12} = \$4,083.73 $$

Scenario 2: Naomi

• A. Gross weekly income:

$$ \$26.50 \times 36 = \$954.00 $$

• B. Gross fortnightly income:

$$ \$954.00 \times 2 = \$1,908.00 $$

• C. Gross monthly income:

$$ \frac{\$954.00 \times 52}{12} = \$4,134.00 $$