To calculate how much $24 an hour is per year, you can use the following steps:
Step 1: Determine the number of working hours per year
- Typical full-time work hours per week: 40 hours
- Number of weeks worked per year: 52 weeks
So, total hours per year = 40 hours/week × 52 weeks/year = 2,080 hours/year
Step 2: Calculate annual salary
Annual salary = Hourly wage × Hours per year
Annual salary = $24/hour × 2,080 hours/year = $49,920 per year
Summary:
- $24 an hour = $49,920 per year (assuming full-time work, 40 hours/week, 52 weeks/year)
If you work fewer hours or take unpaid time off, your annual income would be less accordingly.
