question 1 of 10 hallie has an annual salary of $58,000, and her company pays her twice a month. what is the…
question 1 of 10 hallie has an annual salary of $58,000, and her company pays her twice a month. what is the gross income per paycheck that hallie receives? a. $2416.67 b. $9666.67 c. $1115.38 d. $4833.33
Answer
Answer:
A. $2416.67
Explanation:
Step1: Calculate number of paychecks
She is paid twice a month. There are 12 months in a year, so the number of paychecks per year is $2\times12 = 24$.
Step2: Calculate paycheck amount
Annual salary is $58000$. Divide by number of paychecks. So per - paycheck amount is $\frac{58000}{24}\approx2416.67$.