Question

Suppose we know that we need $36,000 of realized income each year to cover all of our expenses. What is the minimum amount we should make per hour if we know we can work at a job at least 38 hours per week

Answer 1

Hey there,
Hours you work per month = 38 x 4
                                           = 152
Hours you work in a year = 152 x 12
                                         = 1,824
$ 36, 000 / 1,824 = $19.74

Hope this helps :))

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