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14 June, 15:55

Determine how much money would be needed on an hourly or monthly basis for one worker to make $21,630 annually. Assuming a work week is 40 hours long, a working month has 172 hours (an average month is 4.3 weeks long). A working year has 2,080 hours.

a. hourly = $

b. monthly = $

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  1. 14 June, 16:07
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    a hourly rate is $10.40

    b monthly income = 1788.80

    Step-by-step explanation:

    We need to make 21 630 per year

    The question says a working year has 2080 hours

    to find the hourly rate, take the salary and divide by the hours

    21630 / 2080 hours = 10.40 per hour (rounded to the nearest cent)

    So the person will be making 10.40 per hour

    There are 172 hours in a month

    Salary = hours * rate

    =172*10.40

    =1788.80
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