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Ramiro got a job through the McGovern Employment Agency. The job pays $59400 per year, and the agency fee is equal to 25% of one month's pay How much must Ramir0 pay the agency? Round to the nearest cent. There are 12 months in a year. Input the numbers only -do not insert a dollar sign. Previous o new data to save astchegked at 2:0am Submit Q

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He earns $59,400 per year and the agency fee is 25% of one month salary . His one month salary can be calculated as follows

[tex]\frac{59400}{12}=4950[/tex]

25% of one month salary can be calculated as follows

[tex]\frac{25}{100}\times4950=\frac{123750}{100}=1237.5[/tex]

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