An hourly salary of $45 is equivalent to what annual salary? Assume a 35-hour work week.
A) $81,850
B) $70,600
C) $81,900
D) $82,150
E) $77,900

Question

An hourly salary of $45 is equivalent to what annual salary? Assume a 35-hour work week. ​
A) $81,850
B) $70,600
C) $81,900
D) $82,150
E) $77,900

Quizplus · Accepted Answer

To find the annual salary, we first need to find the weekly salary:

Weekly salary = Hourly rate x Number of hours worked per week
Weekly salary = $45 x 35
Weekly salary = $1,575

To find the annual salary, we multiply the weekly salary by the number of weeks in a year:

Annual salary = Weekly salary x Number of weeks in a year
Annual salary = $1,575 x 52
Annual salary = $81,900

Therefore, the best choice is C, $81,900.

An Hourly Salary of $45 Is Equivalent to What Annual