Determine how much money a person in the U.S. would have earned over the past 45 years (1978 - 2022) if that person worked a 40-hour week at minimum wage.
Below is a chart for you to use:
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To simplify the computations, disregard the month in the chart and assume the effective date started on January 1 of that year.
Also, use 52 weeks per year.
Note: Many states have enacted their own minimum wage laws that exceed the federal guidelines.
Solution to the Problem:
The total amount earned at minimum wage for 45 years is $486,720.Correctly solved by:
1. K. Sengupta | Calcutta, India |
2. Colin (Yowie) Bowey | Beechworth, Victoria, Australia |
3. Ivy Joseph | Pune, Maharashtra, India |
4. Dr. Hari Kishan |
D.N. College, Meerut, Uttar Pradesh, India |
5. Mrs. Megan Niggemann's 6th grade homeroom |
Holy Rosary Catholic School Medford, Wisconsin |
6. Kelly Stubblefield | Mobile, Alabama |