Question

What is the minimum amount of money i should be making per hour for 40 hours a week to have an income of $ 37,500 a year?

Answer 1

$18.03 to nearest cent

Explanation:

There are 52 weeks in the year so the weekly income = $37,500 / 52

So for a 40 hours week hourly pay = 37,500 / (52 * 40)

= $18.03 to nearest cent