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

$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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