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.
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