your friends job pays $10 per hour, and he works 40 hours per week. his tax rate is 20 percent. assuming he…

your friends job pays $10 per hour, and he works 40 hours per week. his tax rate is 20 percent. assuming he works 50 weeks of the year, his yearly gross income is\n$4,000\n$16,000\n$20,000\n$40,000

your friends job pays $10 per hour, and he works 40 hours per week. his tax rate is 20 percent. assuming he works 50 weeks of the year, his yearly gross income is\n$4,000\n$16,000\n$20,000\n$40,000

Answer

Explanation:

Step1: Calculate weekly income

Weekly income = Hourly rate × Hours per week. So, $10\times40 = 400$ dollars per week.

Step2: Calculate yearly gross income

Yearly gross income = Weekly income × Weeks per year. So, $400\times50=20000$ dollars.

Answer:

$20000$