To convert an annual salary to an hourly rate, you would need to divide the annual salary by the number of hours worked in a year. Assuming a standard workweek of 40 hours and 52 weeks worked in a year, the calculation would be:
$45,000 / (40 hours/week * 52 weeks/year) = $21.63/hour
So, an annual salary of $45,000 is equivalent to an hourly rate of approximately $21.63.
What is 45000 annually an hour?
