20. Find the overtime rate at one and one half time the straight time rate if the straight time rate is \( \$ 8.32 \) per hour. \( \$ \)
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To find the overtime rate, you simply multiply the straight time rate by 1.5. So, if the straight time rate is \( \$ 8.32 \) per hour, the calculation would be: Overtime Rate = \( 1.5 \times 8.32 = 12.48 \) Therefore, the overtime rate is \( \$ 12.48 \) per hour! Now, think about how this can apply in real life! If an employee works extra hours during a busy season, knowing the overtime rate helps them plan their finances or negotiate worthy pay for those long hours. This way, every minute spent working translates into extra bucks in their pocket!