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by rintoo22 » Thu Mar 21, 2013 7:15 am
At a certain company, each employee has a salary grade s that is at least 1 and at most 5. Each employee receives an hourly wage p, in dollars, determined by the formula p = 9.50 + 0.25(s - 1). An employee with a salary grade of 5 receives how many more dollars per hour than an employee with a salary grade of 1?

A. $0.50
B. $1.00
C. $1.25
D. $1.50
E. $1.75

Hi, I have solved for answer $1.00, which according the Question Bank is incorrect. The correct answer posted is $1.25. Kindly assist.
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by Anju@Gurome » Thu Mar 21, 2013 7:27 am
rintoo22 wrote:At a certain company, each employee has a salary grade s that is at least 1 and at most 5. Each employee receives an hourly wage p, in dollars, determined by the formula p = 9.50 + 0.25(s - 1). An employee with a salary grade of 5 receives how many more dollars per hour than an employee with a salary grade of 1?
The difference = [9.50 + 0.25(5 - 1)] - [9.50 + 0.25(1 - 1)] = 0.25(5 - 1) = (0.25)*4 = 1

The correct answer is B.
Anju Agarwal
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