Tyrone’s hourly wage is $18 and his net pay is 72% of his earnings. tyrone spends about $1,800 on his monthly expenses. if tyrone works 40 hours per week and has no other sources of income, what is his total monthly cash inflow? (hint: assume that there are 4 pay periods per month.) a. $273.60 b. $1,080.00 c. $1,800.00 d. $2,073.60

Find his weekly pay:

Multiply 40 hours by $18 per hour:

40 x 18 = $720 per week.

Multiply that by 72% for his net pay per week:

720 x 0.72 = $518.40 per week.

Multiply his weekly net pay by 4 weeks:

518.40 x 4 = $2073.60 per month.

Now subtract his monthly expenses:

2073.60 - 1800 = 273.60

His monthly cash inflow is A. $273.60

The correct answer would be option D, $2073.6

Step-by-step explanation:

Hourly wage rate: $18

net pay is 72% of earnings

Monthly Expenses: $1800

Total weekly hours worked: 40

Monthly hours worked: 40*4 = 160

Total wage= hours worked * wage rate

Total Wage = 160 * 18 = 2880

Net pay of Tyrone is 72% of his total earnings, which is calculated as follows:

Net pay of Tyrone = 72% of Total Wage

Net pay of Tyrone = .72 * 2880

Net pay of Tyrone = 2073.6

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