Math problem, please help?
Assuming a person earns 14€ per hour,
How many days/years would the person need to collect 100k€
If she never spends anything
(1 votes)
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Hey, 7Floris,
for an hourly wage of 14€ and a 40-hour week (without expenses) it would be approx. 3.4 years to save €100,000.
… and without taxes and social charges…
100,000 €: 14€/h: 24h = number of days.
Convert them to years.
This applies on the basis of the assumption that the person works 24h a day. If you do not do this, you need to share the corresponding number of hours/day. This naturally increases the number of days.
And, of course, any taxes and other charges are not included here.
The person earns 14€ per hour. To reach $100,000, she would have to work 7.143 hours.
At 8 hours a day, this would be about 893 working days or about 3 years when working every day.
or do I have a worm somewhere?
If he does not pay taxes and social charges, he works like any ordinary person 8 hours a day and 5 days a week, he would
112 Euro per day
560 Euro per week for 5 days
29120 Euro per year at 52 weeks
So you can say that you need 4 years for it because as said gross is not net.
you divide the 100k through 14, then you have the hours
then you divide this through 14 because he is a 1st force that works 14h on the day
also at the weekend without hits
the task is complete fucking
Why 14h a day?
I had to
that is a simplest division task
but you have to take it and do everything for a doubtful practical result
that has no use and is easy
100,000 : (14 *h) =
I think
For this, one should know which tax class and church the person has (because 14 € are gross) and how many hours a day he works.