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Real-Life Activities

Real-Life Math -- Solution

Sweden

At 80 percent of her salary for the first year, how much would the librarian earn in the first year?

Earnings = $42,000 per year x 0.80 = $33,600

However, we need to check if this exceeds the daily ceiling of $98 per day.

Daily salary = $42,000 / 365 days =$115.07 per day
$115.07 x 0.80 = $92.06 per day

Since $92.06 is below the ceiling of $98 per day, she would receive the full 80 percent of her salary.

She would earn $33,600 in the first year of her child's life, and she would be at home with her child the whole year.

Germany

At 67 percent of her salary for up to 12 months, how much would the librarian earn in the first year of her child's life?

Monthly salary = $42,000 / 12 = $3,500 per month
Monthly parental benefit = $3,500 x 0.67 = $2,345
Annual parental benefit = $2,345 x 12 = $28,140

The librarin would earn $28,140 in the first year of her child's life while staying home the entire time.


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