You get hired for a job through ACME Employment Agency. You signed a contract that requires you to pay 20% of your first 6 weeks pay. The job pays you $42,700 per year. How much must you pay ACME for their services?
Assuming you get paid every week. Total num of weeks in a year = 52 Therefore weekly salary = 42,700/52 = 821.15 Salary of first 6 weeks = 821.15 * 6 = 4926.92 20% of first 6 weeks salary = 0.2 * 4926.92 =985.38