How much money does someone make in a year if it's $8 for 40 hours/week?

Answer 1

Simple math.
$8/hr * 40hrs/week = 8*40=$320
$320/wk * 52 wks/year = 320*52=$16640.00 before tax; better known as not enough to live on.

Answer 2

Holy basic math Batman!!

40 hours at 8 is 320 /wk
52 weeks a years is 320 X 52 is 16640 BUT assume 2 weeks off so $16000 and that is gross.

OKEY DOKEY?

TFTP

Answer 3

The simple rule is multiple your wage by 2000. That's 50 40-hour weeks. Figure you knock off 10 days a year (2 work weeks) for sick days, vacation and days off. $8 x 2000 hours = $16,000

If you get paid sick days and paid vacation, then you can multiply by 2080 instead of 2000.

Answer 4

since the answers have already been given, I will add a quickie estimate for any hourly wage full time worker


if $8/hour double the 8 --> 16 and add 000

$8 = 16,000
$12 = 24,000
$14.50 = 29,000

these estimates can be done in your head

Answer 5

Your question leaves out a very important piece of information.
How many weeks of the year does this person work?

Answer 6

You will probably only work about 2000 hrs per year, holidays, vacation, sick, and just plane ol'
need a day off. so about $16,000 per year might be more realistic.

Answer 7

I would say about 20,000 to 23,000 a year.

Answer 8

take 8x40 = 320 wk now take 320 (one week) x 52 (weeks in year) = $16,640 thats your "gross" income.

Answer 9

$16,640, for 52 weeks.

Answer 10

it would be just below poverty level for the government. 16640 before tax.