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?

Respuesta :

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 = [tex]14+5=19[/tex] days

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

We get = [tex]365-19=346[/tex] days

So, his per day salary will be = [tex]\frac{40000}{346}= 115.60[/tex]

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