Answer to Question #157805 in Financial Math for Srinivas

Question

1. Perform the following calculations to total gross earnings for a number of employees, based on the information provided:

Employee 001

Employee 002

Employee 003

Employee 004

Payment frequency:

Weekly

Fortnightly

Monthly

Weekly

Pay Rate:

$17.80 p/h

$22.60 p/h

$27.50 p/h

Salaried: $67,500

Regular Hours worked:

17

76

122

38

Overtime hours:

8.5

3

Bonus

125.00

72

Total Gross Earnings

     

     

     

   

Answer 1

The answer to your question is provided in the image: