The hourly rate is $15.38. $32,000 / 2080 = $15.38.
20% of 38,000= 20% * 38000= 0.2 * 38000= 7,600
25% of $38,000= 25% * 38000= 0.25 * 38000= $9,500
40 (hours)*x (hourly rate) = $680 (isolate the variable X) x (hourly rate) = $680/ 40 (hours) x = $17/hr
Multiplying rate by 1 and a half.
http://www.paycheckcity.com/copaycycle/netpaycalculator.asp
percentage = 18.42%% rate:= 7000/38000 * 100%= 0.1842 * 100%= 18.42%
Roughly $18 an hour, 40 hours a week, 52 weeks a year.
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The hourly rate is $15.38. $32,000 / 2080 = $15.38.
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