Answer to Question #244431 in Financial Math for Jay

Question

In Kayla's state, the weekly unemployment compensation is 50% of the 26-week average for the two highest-salaried quarters. For October, November, and December, Kayla earned a total of $15,210. For January, February, and March, she earned $16,210. Calculate Kayla's weekly unemployment compensation.

a. $604.23 b. $1,208.46 c. $302.12 d. $7,855.00

Answer 1

Total payment for 26 weeks = $15210+$16210 = $31,420

Weekly pay =$31,420/26 weeks

$1208.46

Answer is b) $1208.46