To find out how much $2,000 per year is per hour, you can follow these steps:
Step 1: Determine the number of working hours in a year
- A typical full-time work year is about 40 hours per week.
- There are 52 weeks in a year.
- So, total working hours per year = 40 hours/week × 52 weeks/year = 2,080 hours/year.
Step 2: Calculate the hourly wage
- Annual salary = $2,000
- Hourly wage = Annual salary ÷ Total working hours
- Hourly wage = $2,000 ÷ 2,080 ≈ $0.96 per hour
Summary:
If you earn $2,000 per year and work full-time (40 hours/week), that translates to approximately 96 cents per hour.