Question

You offered a SALARY job of $47,603, and you are expected to work 44 hours a week

What would your hourly rate be?

Answer 1

$20.81

Explanation:

There are 52 weeks in a year.

Let's say you get paid x dollars per hour. Every week, you get paid x dollars for each hour you work. If you work 44 hours, you get paid x * 44 dollars a week. We get paid x * 44 dollars each week for a year, for 52 weeks. We can represent this as (x*44) * 52 = x * 2288. This is the amount you get paid each year. Setting that to your yearly salary of $47,603, we have

$47603 = x * 2288

divide both sides by 2288 to isolate x

x ≈ $20.81