To convert a yearly amount (e.g., $2000 per year) into an hourly rate, you need to know how many hours are worked in a year. Typically, a full-time work year is calculated as:
- 40 hours per week
- 52 weeks per year
So, total hours per year = 40 hours/week × 52 weeks/year = 2080 hours/year
Calculation:
If you earn $2000 per year, your hourly wage is:
Hourly rate=20002080≈0.96 dollars per hour\text{Hourly rate}=\frac{2000}{2080}\approx 0.96\text{ dollars per hour}Hourly rate=20802000≈0.96 dollars per hour
Summary:
- $2000 per year ≈ $0.96 per hour (assuming full-time 40 hours/week)
If you work fewer hours per week or fewer weeks per year, the hourly rate would be different. Let me know if you want the calculation for a different schedule!