Your friend's job pays $10 per hour and he works 40 hours per week. His tax rate is 20 percent. Assuming he works 50 weeks of the year, his yearly gross income is $4,000 $16,000 $20,000 $40,000

Question

Your friend's job pays $10 per hour and he works 40 hours per week. His tax rate is 20 percent. Assuming he works 50 weeks of the year, his yearly gross income is   $4,000   $16,000   $20,000   $40,000

anonymous · Answer

10 x 40 = $400 per week
400 x 0.2 = $80 in taxes per week
400 - 80 = $320 ( final pay) 
320 x 50 = $16,000 gross income

anonymous · Answer

Actually, gross income is before tax deductions so it would be 
10 x 40 = $400 per week
$400 x 50 = $20,000

anonymous · Answer

Assuming Weeks in a year as 52, your gross income would be 40*10*52=20800