a job pays an annual salary of $\\$34,925$, which includes a holiday bonus of $\\$725$. if paychecks are…

a job pays an annual salary of $\\$34,925$, which includes a holiday bonus of $\\$725$. if paychecks are issued twice a month, what is the gross amount for each paycheck?\n\nthe gross amount for each paycheck is $\\$\n(simplify your answer.)

a job pays an annual salary of $\\$34,925$, which includes a holiday bonus of $\\$725$. if paychecks are issued twice a month, what is the gross amount for each paycheck?\n\nthe gross amount for each paycheck is $\\$\n(simplify your answer.)

Answer

Explanation:

Step1: Subtract the holiday bonus

Subtract the bonus from the total annual salary to find the base annual pay. $$34,925 - 725 = 34,200$$

Step2: Determine number of paychecks

Calculate the total number of paychecks per year (twice a month). $$12 \times 2 = 24$$

Step3: Calculate gross paycheck amount

Divide the base annual pay by the number of paychecks. $$\frac{34,200}{24} = 1,425$$

Answer:

1,425