To calculate how much $73,000 per year is per hour, we need to know the number of hours worked in a year.
Common assumptions:
- Full-time work: 40 hours per week
- Weeks per year: 52
Step-by-step calculation:
-
Calculate total hours worked per year:
40 hours/week × 52 weeks/year = 2,080 hours/year -
Calculate hourly wage:
$73,000 ÷ 2,080 hours = $35.10 per hour
Final answer:
If you earn $73,000 per year and work full-time (40 hours/week), your hourly wage is approximately $35.10 per hour.