Question

If Ben's bi-weekly income is $2400, semi-annual bonus is $5000, quarterly dividends are $40, and monthly...

If Ben's bi-weekly income is $2400, semi-annual bonus is $5000, quarterly dividends are $40, and monthly rental income is $1000. What is his ANNUAL total income?

A. $50,840

B. $73,440

C. $84,560

D. $79,560

Homework Answers

Answer #1

Total annual income of ben:

Particulars Multiplication factor Annual income
Bi weekly income 2,400.00 52/2 62,400.00
Semi annual bonus 5,000.00                   2.00 10,000.00
quarterly dividends        40.00                   4.00        160.00
monthly rent 1,000.00                12.00 12,000.00
Annual total income 84,560.00

Therefore option c is correct.

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