Mary gets an annual salary of $56,780. if she is paid semimonthly, what is the amount of her semimonthly gross pay?
Question
Answer:
There are 52 weeks in a year. Being paid biweekly means being paid every other week, or 26 times a year. $567.20 * 26
There are 12 months in a year. If Mary is paid semimonthly, she is paid twice a month, or 24 times a year.
$56,780 / 24
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10 months ago
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