AnswersKapuschinskyWCA 3424 Consumer Applications 1st nine weeks 26-27Financial GoalsQuestion 13
13
QuizMultiple Choice

Financial Goals

Question 13 • (Kapuschinsky)WCA 3424 Consumer Applications 1st nine weeks 26-27

Greg and Josh want to go whitewater rafting in 3 weeks. Josh is able to save the $480 he needs to go on the trip by saving the pay he received for 5 hours of work each week. Greg must save 8 hours worth of pay each week in order to have enough money. How much more money does Josh make than Greg?

Answer
A
$10
B
$12
C
$14
D
$20

Explanation

Over 3 weeks, Josh saves pay for 5 × 3 = 15 hours of work, so his hourly pay is $480 ÷ 15 = $32. Greg saves pay for 8 × 3 = 24 hours, so his hourly pay is $480 ÷ 24 = $20. Josh makes $32 − $20 = $12 more per hour, so the correct choice is $12.

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