Final answer:
Paygrades in the U.S. Navy determine rank and pay level. Insignias such as gold anchors with USN and fouled chain are worn by officers with the rank of Ensign.
Step-by-step explanation:
In the U.S. Navy, paygrades are used to denote rank and determine pay level. Certain paygrades are associated with specific insignias that can be worn on uniforms. For example, gold anchors with the letters USN and a fouled chain are worn by officers with the rank of Ensign in the U.S. Navy.