BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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$2604.17
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$2403.85
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$5208.33
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$1201.92
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Detailed explanation-1: -$62, 500 yearly is how much per hour? If you make $62, 500 per year, your hourly salary would be $30.05. 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.
Detailed explanation-2: -To calculate your yearly salary from monthly, simply multiply your monthly payment by 12. To calculate your monthly pay from your annual pay, simply divide your yearly pay by 12.
Detailed explanation-3: -To calculate an annual salary, multiply the gross pay (before tax deductions) by the number of pay periods per year. For example, if an employee earns $1, 500 per week, the individual’s annual income would be 1, 500 x 52 = $78, 000.
Detailed explanation-4: -$16.50 an hour is $33, 000 a year in annual income. If you earn an hourly wage of $16.50 an hour and work for an average of 40 hours a week for 50 weeks a year, you’ll earn a yearly salary of $33, 000.