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If you work full time, take your hourly wage and multiply it by 2080.
2080 is the sum ot 40 (hours per week) multiplied by 52 (weeks in a year)
The total is Gross wages - not what you take home. Lenders are only interested in gross wages.
Answereasy,lets say you make 6 dollars an hour and you work 8 hours a day, and 5 days a week.
6x8 = 48
48x5 = 240
240 x 4 = 960
960x12 = 11520
11,520 $
This answer is wrong since there are 5 weeks in some months. THe correct way to answer this is to take $6 hr multiplied by 40 hrs in a week giving you $240.00 then multiplying that by 52 weeks in a year giving you a total of $12,480. This is the CORRECT answer.
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