Question

What is an excel formula or excel mathematical equation to convert Annual Salary into hourly wage?

What is an excel formula or excel mathematical equation to convert Annual Salary into hourly wage?

Homework Answers

Answer #1

let us consider that the Annual income is entered in cell A1, number of weeks in a year entered in cell B1 and number of hours worked per week in cell C1

Mathematical formula for calculating the hourly wage is given as

hourly wage = (Annual income)/[(number of hours worked per week)*(number of weeks in a year)]

Excel formula, type in cell D1 or any other cell where you wish to calculte the hourly wage

Hourly wage = A1/(B1*C1) , here A1, B1 and C1 are cells

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