1. Chris makes $48,000 a year. He is paid semi-monthly. What is his gross pay per pay period? 2. John earns $59,800 a year. He is paid bi-weekly. What is his annual pay? 3. If Sondy's gross pay is $750 weekly, what is her annual salary? 4. What is Jackie's monthly salary if her annual gross pay is $65,400?

Respuesta :

1. Chris makes $48,000 a year. He is paid semi-monthly. What is his gross pay per pay period?

Semi-monthly means he is being paid 2 times a month.

Since there are 12 months in a year so the total number of periods will be

2×12 = 24

So the pay per period will be

[tex]\frac{\$48,000}{24}=\$2,000[/tex]

Therefore, Chris's gross pay per period is $2,000

2. John earns $59,800 a year. He is paid bi-weekly. What is his annual pay?

Bi-weekly means he is being paid 2 times a week.

Since there are 52 weeks in a year so the total number of periods will be

2×52 = 104

So the annual pay is

[tex]\frac{\$59,800}{104}=\$575[/tex]

Therefore, John's annual pay is $575

3. If Sondy's gross pay is $750 weekly, what is her annual salary?

Since there are 52 weeks in a year

So the annual salary is

[tex]\$750\times52=\$39,000[/tex]

Therefore, Sondy's annual salary is $39,000

4. What is Jackie's monthly salary if her annual gross pay is $65,400?​

Since there are 12 months in a year

Monthly salary will be

[tex]\frac{\$65,400}{12}=\$5,450[/tex]

Therefore, Jackie's monthly salary is $5,450