Sheet # 8/Ballpark
Name: _____________________ Date_____________
Explain and Show Your Work.
1) Back in 1920 Babe Ruth of the Yankees earned $20,000/year as a top player. What was Babe's average monthly salary? Estimate his daily salary.
2) Barry Bonds' salary for the 2002 baseball season is about $13 million/year. Estimate Barry's average monthly salary. Estimate his daily salary.
3) Barry Bonds expects to make $20 million in the 2005 ball season/year. Estimate his monthly salary. Estimate his daily salary.
4) If you make $50,000 a year, how many years will it take you to make $20 million?
Answers for sheet # 8
1) monthly salary: $1666.66
Daily salary was about $55/day
2) About $1.1 million/month or 1 million
Daily salary is about $35,000/day.
3) 1.5 million/month
50,000/day
4) 400 years