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.)

$273.60

Step-by-step explanation:

Tyrone's hourly wage = $18.00

He works 40 hours per week, his weekly earnings = 18 × 40

                                                                                     = $720.00

There are 4 weeks in a month, his monthly gross earning = 720 × 4

                                                                                               = $2,880

His net pay is 72% of his earnings.

Tyrone's monthly net pay = 72% × 2,880

                                           = 0.72 × 2,880

                                          = $2,073.60

Tyrone spends on his monthly expenses = $1,800

His total monthly cash inflow = 2,073.60 - 1800

                                                 = $273.60

Tyrone's monthly cash inflow would be $273.60.

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