Gross annual income is the amount of money made without any taxes or deductions subtracted from the total. If Brad earns $12.75 per hour and works 40 hours per week, we can first find his weekly income by multiplying the rate by the number of hours per week:
$12.75 x 40 = $510.00
Since Brad earns $510 per week and there are 52 weeks in one year, we can find his gross annual income again by multiply the weekly rate ($510) by the number of weeks in a year (52):
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