Question

The maximum annual pay for a machine operator job full-time in Fort Worth Texas is $30,300. What is the equivalent hourly rate round to the nearest hundred

Answer 1

To calculate the equivalent hourly rate, divide the maximum annual pay by the number of hours worked in a year.

Assuming a typical full-time work schedule is 40 hours per week, and there are 52 weeks in a year:

40 hours/week * 52 weeks/year = 2,080 hours/year

Now, divide the maximum annual pay of $30,300 by 2,080 hours/year:

$30,300 / 2,080 = $14.56 (rounded to the nearest hundred)

Therefore, the equivalent hourly rate is approximately $14.50.