question 4 2 pts sammy works at dicks sporting goods as a manager, they earn a yearly salary of $66,750.00…

question 4 2 pts sammy works at dicks sporting goods as a manager, they earn a yearly salary of $66,750.00. they get paid semi - monthly. what is their gross pay for each pay period? enter answer using format: $ 0,000.00 make sure to round to two decimal places.

question 4 2 pts sammy works at dicks sporting goods as a manager, they earn a yearly salary of $66,750.00. they get paid semi - monthly. what is their gross pay for each pay period? enter answer using format: $ 0,000.00 make sure to round to two decimal places.

Answer

Explanation:

Step1: Determine number of pay - periods

There are 24 semi - monthly pay - periods in a year (12 months * 2).

Step2: Calculate gross pay per period

Divide the yearly salary by the number of pay - periods. Let $S = 66750$ be the yearly salary and $n = 24$ be the number of pay - periods. The gross pay per period $P=\frac{S}{n}$. $P=\frac{66750}{24}=2781.25$

Answer:

$2,781.25$