Determine the following estimate without using a calculator. Then use a calculator to perform the computation necessary to obtain an exact answer. How reasonable is your estimate when compared to the actual answer? A full-time employee who works 40 hours per week earns $20.50 per hour. Estimate that person's annual income. Round 52 weeks to 50 weeks per year, and round the hourly wage to the nearest dollar for the estimate. The estimate of annual income is $ (Round to the nearest thousand as needed.)

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