To calculate how much $20 an hour is annually, you can use this formula: Annual Salary = Hourly Wage × Hours per Week × Weeks per Year
Step-by-step calculation:
- Hourly wage = $20
- Typical full-time workweek = 40 hours
- Weeks per year = 52
So, Annual Salary = $20 × 40 × 52 = $41,600
Summary:
If you earn $20 an hour and work full-time (40 hours per week), your annual salary before taxes and deductions would be approximately $41,600.
