https://file.aiquickdraw.com/mathbot/file/1728863544263bsqxyrtz.jpg

The questions presented on the image are:

1. **What is the gross yearly income?**
2. **What is the gross monthly income using this pay rate?**

### Solution steps:

Given the wage is **$15 per hour** for **40 hours per week**:

#### Step 1: Calculate the weekly income
\[ \text{Weekly Income} = 15 \times 40 = 600 \, \text{USD} \]

#### Step 2: Calculate the gross yearly income
There are 52 weeks in a year.
\[ \text{Yearly Income} = 600 \times 52 = 31,200 \, \text{USD/year} \]

#### Step 3: Calculate the gross monthly income
There are 12 months in a year.
\[ \text{Monthly Income} = \frac{31,200}{12} = 2,600 \, \text{USD/month} \]

### Final Answers:
1. **Gross yearly income**: $31,200
2. **Gross monthly income**: $2,600

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Would you like further details or have any questions?

### Follow-up questions:
1. How would overtime hours affect the yearly income in this scenario?
2. How much would be the gross income after taxes (if we assume a 20% tax rate)?
3. What percentage of their income would someone spend if their rent is $1,000 per month?
4. How much would the yearly income be if the hourly wage were increased to $20?
5. If the individual worked part-time at 20 hours per week, what would their gross yearly income be?

#### Tip:
When budgeting, always calculate your net income (after taxes) to ensure accurate financial planning.

What is the gross yearly income? What is the gross monthly income using this pay rate?

Learn how to calculate gross yearly and monthly income with a $15 hourly wage for a 40-hour work week. This problem uses basic arithmetic concepts and is suitable for Grades 9-10. Find out the yearly income is $31,200, and the monthly income is $2,600.

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