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7.02 Annual leave loading

Interactive practice questions

What is annual leave loading?

A percentage of your wage you pay to be able to take holidays.

A

A percentage of your wage you receive as a bonus on your annual leave.

B

The extra money paid for you to work on holidays.

C

A percentage of your wage you pay to be able to take holidays.

A

A percentage of your wage you receive as a bonus on your annual leave.

B

The extra money paid for you to work on holidays.

C
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Amelia is a computer programmer on a salary of $\$61945$$61945. She is taking $4$4 weeks annual leave which she will be paid for but she is not entitled to annual leave loading. 

Irene works $27$27 hours a week as a hairdresser and earns $\$23.17$$23.17 per hour.

Lachlan earns $\$1456.00$$1456.00 per week. Calculate his leave loading if it is $17.5%$17.5% of $4$4 weeks of normal pay. Give your answer to the nearest cent.

Outcomes

MS11-5

models relevant financial situations using appropriate tools

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