Question

a job pays an annual salary of $34,875, which includes a holiday bonus of $675. if paychecks are issued twice a month, what is the gross amount for each paycheck? the gross amount for each paycheck is $\square$. (simplify your answer.)

Explanation:

Step1: Calculate annual base pay

$\$34,875 - \$675 = \$34,200$

Step2: Find total annual paychecks

$12 \times 2 = 24$

Step3: Compute per-paycheck amount

$\frac{\$34,200}{24} = \$1,425$

Answer:

$\$1,425$