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 follow these steps:

1. Determine the number of working hours in a year. A typical full-time job has about 40 hours per week for 52 weeks, so: \[ 40 , \text{hours/week} \times 52 , \text{weeks/year} = 2080 , \text{hours/year} \]

2. Divide the annual salary by the number of hours worked in a year to find the hourly wage: \[ \text{Hourly Wage} = \frac{\text{Annual Salary}}{\text{Hours per Year}} = \frac{30,300}{2080} \approx 14.57 \]

Therefore, the equivalent hourly wage is approximately $14.57.