BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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$1.40
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$9.10
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$12.64
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Detailed explanation-1: -$20.50 an hour is $41, 000 a year in annual income. If you earn an hourly wage of $20.50 an hour and work for an average of 40 hours a week for 50 weeks a year, you’ll earn a yearly salary of $41, 000. The calculation assumes 50 work weeks with an average of two weeks of holidays in a year.
Detailed explanation-2: -If you make $30.50 per hour, your Yearly salary would be $63, 440.
Detailed explanation-3: -Daily Wage Method: There are two methods here to calculate this: Method A: Monthly Gross Salary = (Net Daily Wage) * (Present Days) Method B: Monthly Gross Salary = (Net Daily Wage) * (Present Days + Weekly Holidays)
Detailed explanation-4: -$31.50 hourly is how much per year? If you make $31.50 per hour, your Yearly salary would be $65, 520. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 40 hours a week.