To calculate how much $40,000 per year is per hour, you need to know the number of hours worked in a year. A common assumption is a full-time job with:
- 40 hours per week
- 52 weeks per year
Calculation:
- Total hours per year = 40 hours/week × 52 weeks/year = 2,080 hours/year
- Hourly wage = $40,000 ÷ 2,080 hours = $19.23 per hour
Summary:
- $40,000 per year ≈ $19.23 per hour (assuming a 40-hour workweek and no unpaid time off)
