To find Shane's hourly rate, we need to divide her annual salary by the number of hours she works in a year.
Hourly rate = Annual salary / Number of hours worked
Hourly rate = $24,960 / 2080 hours
Hourly rate = $12
Therefore, Shane's hourly rate is $12.
Shane excepted a new job with a salary of $24,960. How much is her hourly rate if she works 2080 hours per year?
1 answer