BabyBlue13
BabyBlue13 BabyBlue13
  • 16-02-2017
  • Mathematics
contestada

At an annual salary of $55,000 per year, what is the amount of semimonthly paychecks?

2,115.38
4,583.33
3,928.57
2,291.67

Respuesta :

proxy4
proxy4 proxy4
  • 16-02-2017
semi monthly means 2 times per month 
assume that pay is at beginning and middle of month (doesn't matter, but  makes it easier for me)

so 12 months
2 times per month
12 times 2=24
divide 55000 by number of months
55,000/24=2291.67

so the amount per paycheck, assuming equally distributed amounts throughout the paychecks, is $2291.67
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