Sally makes $46,000 annually. She receives a promotion and was increased to $56,000 annually. Sally's job notified

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Sally makes $46,000 annually. She receives a promotion and was increased to $56,000 annually. Sally's job notified her she would be receiving retro money from January 1st to July 22nd.

How much is Sally's new hourly rate?

How much retro money can Sally expect?

What should be the total funds received in her paycheck on July 22nd?

Related Book For answer-question

Microeconomics

ISBN: 9781464146978

1st Edition

Authors: Austan Goolsbee, Steven Levitt, Chad Syverson

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Posted Date: Apr 20, 2024 05:16 AM

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Sally makes $46,000 annually. She receives a promotion and was increased to $56,000 annually. Sally's job notified

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Expert Answer:

To calculate Sallys new hourly rate we can use the formula Hourly rate Annual salary Number of hours ... View the full answer

Microeconomics

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