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What does annualized rate mean?

I just got a job offer and was offered an annualized rate of $XXXXXX. Is that amount before or after taxes? Thank you.

2007-04-04 18:59:16 · 2 answers · asked by M. 2 in Business & Finance ➔ Careers & Employment

2 answers

It means per year before taxes

2007-04-04 19:02:19 · answer #1 · answered by the Boss 7 · 0⤊ 0⤋

Annualized rate is referring to a yearly salary offer. It will take a year to earn the amount of money offered and it is usually an amount before taxes.

2007-04-05 02:12:37 · answer #2 · answered by Emma K 1 · 0⤊ 0⤋

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