Question

The maximum annual pay for a machine operator job working full-time in Fort Worth, Texas, is $30,300. What is the equivalent hourly wage? Round to the nearest hundredth.(1 point

Answer 1

To find the equivalent hourly wage from the annual pay, you can use the following formula:

\[
\text{Hourly Wage} = \frac{\text{Annual Pay}}{\text{Total Hours Worked in a Year}}
\]

Assuming that a full-time job typically consists of 40 hours a week and 52 weeks a year, the total hours worked in a year would be:

\[
40 \text{ hours/week} \times 52 \text{ weeks/year} = 2080 \text{ hours/year}
\]

Now, using the maximum annual pay of $30,300:

\[
\text{Hourly Wage} = \frac{30,300}{2080} \approx 14.57
\]

Rounding to the nearest hundredth, the equivalent hourly wage is **$14.57**.