1. hourly_wage = 20 # assume the hourly wage is:$20/hour
   print('Annual salary is: ')

   print(hourly_wage * 40 * 50) #assume: 50 working weeks/year and40 working hours/week

   print()
   print('Monthly salary is: ')

   print(((hourly_wage * 40 * 50) / 13))

   print()

   The above code snippet correctly calculates yearly and monthlysalary. [True/False]

   True

   False