To find out how much $48,000 a year is per hour, you can use this calculation:
Step 1: Determine the number of work hours in a year
- Typically, a full-time job is about 40 hours per week.
- There are 52 weeks in a year.
- So, total work hours per year = 40 hours/week × 52 weeks/year = 2080 hours/year.
Step 2: Calculate hourly wage
- Annual salary ÷ total work hours = hourly wage
- $48,000 ÷ 2080 hours = $23.08 per hour
Final answer:
$48,000 a year is approximately $23.08 an hour (assuming a 40-hour workweek).
