Question

For each of the professionals in the left column, calculate the annual pay based on full-time, year-round employment consisting of 2000 hours a year (40 hours per week for 50 week year). Record your calculations under “Annual Income” in the table. Then, find the difference between each annual wage figure and a) The property threshold and b) the median household income. if the difference is a negative number recorded as such.

Answer 1

Answer:

Following are the solution to the given question:

Explanation:

Please find the table in the attached file.

The hourly compensation would be multiplied by 4,000 hrs for annual revenue.

The yearly pay gap from the federal poverty line is calculated simply by deducting $13,011 from the 2019 Annual Income poverty line.

The average salary income difference was computed by subtracting from the annual income for the 2019 middle household income of $68,703. Negative scales are indicated.