Monthly average salary= $4560
Number of months in a year= 12
Yearly Salary = $ 54,720
Yearly salary = Monthly average salary × Number of months in a year
= $4560 × 12
= $ 54,720
The monthly salary can be multiplied by the number of the months in a year =12 to get the yearly salary.
The yearly salary can be divided by the number of the months in a year = 12 to get the monthly salary.
Monthly salary = Yearly average salary ÷ Number of months in a year
= $ 54,720 ÷ 12
= $4560
