Maximum annual pay for machine operator job working full time in Fort Worth Texas is $30,300 what is the equivalent hourly wage round to nearest hundredth

Answer 1

To find the equivalent hourly wage from the annual pay of $30,300, you can use the following formula:

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

Assuming a full-time job consists of 40 hours per week and approximately 52 weeks per year, the total hours worked in a year is:

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

Now, calculate the hourly wage:

\[ \text{Hourly Wage} = \frac{30,300}{2080} \approx 14.5865 \]

Rounding to the nearest hundredth, the equivalent hourly wage is:

\[ \text{Hourly Wage} \approx 14.59 \]

So, the equivalent hourly wage is $14.59.