How many years would it take a worker making $16.00 per hour to earn $8,000,000, assuming she works 260 8-hour days per year?
$8000000/(260*8*16 $/year) = 240.4 years
To calculate this, we need to find the total number of hours the worker will work and then divide the total earnings by the hourly rate.
First, let's find the total number of hours the worker will work in a year. We know that she works 260 days per year, and each day consists of 8 hours. So, the total number of hours worked in a year would be:
Total hours worked per year = 260 days * 8 hours/day
Total hours worked per year = 2080 hours
Now, to find the number of years it would take for the worker to earn $8,000,000, we divide $8,000,000 by the total earnings per year:
Number of years = Total earnings / (Hourly rate * Total hours worked per year)
Number of years = $8,000,000 / ($16.00/hour * 2080 hours)
Number of years = $8,000,000 / $33,280
Number of years ≈ 240.4 years
Therefore, it would take approximately 240.4 years for the worker making $16.00 per hour to earn $8,000,000, assuming she works 260 8-hour days per year.