Answered

If you are paid $23.25 per hour, what is your annual salary? (Assume you work 40 hours each week of the year.)



Answer :

$23.25 per hour
work 40 hours per week
Find your annual Salary
In a month, there are approximately 4 or 5 weeks  (only refer to regular working days)
Let’s only use 4.
=> 40 x 4
=>160 hours in 1 month
In a years there are 12months
=> 12 x 4
=> 48 weeks in a years (only for regular working days) or let’s round it to 50 weeks per year
Now, let’s multiply 48 weeks by 40 hours and 50 by 40 hours
=> 48 x 40
=> 1920 hours in a year
=> 50 x 40
=> 2000 hours
Now, let’s  find how much is your annual salary
=> 1920 x 23.25 = $44 640
=> 2000 x 23.25 =$46500
=>approximate  or around





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