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Author Question: The engineering department of a consulting company has 8 junior engineers working at $24.75/hour, 5 ... (Read 62 times)

biggirl4568

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Question 1

On March 1, Sam invested $90 000 in a business. On June 1, he invested another $10 000. On July 1, he withdrew $17 000 to spend on the repair of his house. On September 1, he injected another $2000 into the business. What was his average investment per month in the business during the year? Assume all months have the same length or weighting.

Question 2

The engineering department of a consulting company has 8 junior engineers working at $24.75/hour, 5 senior engineers working at $39.49/hour, and an engineering manager working at $47.24 per hour. Calculate the weighted average hourly rate earned by the engineering department.
◦ $31.62
◦ $34.05
◦ $88.19
◦ $35.09
◦ $37.16


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Marked as best answer by biggirl4568 on Jun 6, 2019

Cnarkel

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