1. Jack works 40 hours a week at a union job, where he earns a wage of $25
an hour and receives a package of fringe benefits (including paid time off)
worth a total of $12 an hour. If Jack works two hour a week overtime, at
time and a half, what is the approximate *ratio* of his net (after tax) pay
and benefits per hour of overtime to his regular hourly net pay and benefits?
a.) $37.50
b.) 150%
c.) 75%
d.) 100%
Regards,
Tom Walker
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