money calculations?

[misty orchid]

How do i calculate weekly, mounthly to yearly wage then - tax?

[vagrant adder]

What information are you given? Trying to calculate weekly wage given an hourly rate? Monthly rate?

[misty orchid]

76.75 a week is what i know

[vagrant adder]

that's the weekly rate then. how many weeks in a month? use that number to find monthly wage

[misty orchid]

Ill be working 37 hours

So is it 76.75 x 37?

Or was that done already

I think it was its cares allowence XD

So 76.75 x 30?

No its by 4

[vagrant adder]

76.75 is the weekly amount, so yes, multiply it by 4 for the monthly amount

[misty orchid]

307

Then x by 12?

3,684

Universal creddit ill be make £368.74 per mounth + 307

675.74

[vagrant adder]

Take the weekly amount and multiply it by the number of months in a year for the yearly amount

[misty orchid]

So devide uc by 4

92.185

[vagrant adder]

oh i don't know about uc

[misty orchid]

That kinda hurts seeing that someone on the doll makes more then a full time carer XD

I just need a rough estiment trying to see if i can get a credit card should have applied befor i quite my job T-T it will be my first one

168.935 weekly

675.74 mounthly

1,106.22. Yearly (168.935 x 12)
8,108.88. Yearly (675.74 x 12)

Which one is it 1 or 8

Sorry im realy thick

[lofty raptor]

it’s 8

you multiply by 12 because there’s 12 months in a year

you get the monthly amount once per month, so in a year you get that 12 times

so 12 times 675

although I wouldn’t really convert to monthly first, because there aren’t exactly 4 weeks in a month

the more accurate way would be multiplying the weekly pay by 52.14, which is about the amount of weeks per year

so you would get the weekly amount about 52.14 times each year