How much is 8.00 per hour annually?

Answer 1

This problem requires us to do a few conversions.

$8/hr = $??/year (annually means per year)

I'm hoping you don't work 24 hours a day, 7 days a week, all year long.

Most people work 40 hours per week.

40 hours per week * $8.00 per hour = $320 per week (minus taxes ><)

Since there are 52 weeks per year, $320 per week * 52 weeks per year = $16,640 per year. Gross income of course. It's actually a little less than $16,640 per year once they take taxes out.