Question

An entry level programmer's annual pay is $57,616$⁢57,616 based on 5252 weeks per year. Due to the economy, his company is having to cut back on the number of weeks that it employs its programmers. If the firm cuts the work year to 5050 weeks but keeps the same rate of pay, how much should the programmer expect his annual pay to decrease? Round your answer to the nearest dollar.

Answer 1

For 52 weeks, annual pay = 57616

So,

For 50 weeks, annual pay = (57616/52) X 50

                                    = 1108 X 50

                                     = 55400

So,

Decrease in annual pay = 57616 - 55400

                                 = 2216

So,

Answer is:

$2216