What does 20.00 per hour equal annually?

To calculate an annual salary from an hourly wage of $20.00, you multiply the hourly rate by the number of hours worked in a week and then by the number of weeks in a year. Assuming a standard full-time schedule of 40 hours per week and 52 weeks in a year, the calculation would be: $20.00 × 40 hours × 52 weeks, which equals $41,600 annually.