To calculate the annual salary for $22.50 per hour, you need to multiply the hourly rate by the number of hours worked per week and the number of weeks worked in a year.
Let's assume a standard workweek of 40 hours and a standard work year of 52 weeks (excluding any vacation or sick days):
Hourly rate: $22.50 Weekly hours: 40 Weeks in a year: 52
To calculate the annual salary, you can use the following equation:
Annual Salary = Hourly rate × Weekly hours × Weeks in a year
Annual Salary = $22.50/hour × 40 hours/week × 52 weeks/year
Annual Salary = $22.50/hour × 2,080 hours/year
By multiplying these values, we find that the annual salary for someone earning $22.50 per hour is $46,800.
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