Sam receives a paycheck every other Friday. His yearly salary is #$84500.00#. How much is his gross paycheck each payday?
2 Answers
Mar 26, 2015
Getting paid every two weeks is getting
So George gets
Note that getting paid two times per month is not exactly the same as once every two weeks. Getting 2 checks per month results in 24 checks per year. (That would be the second answer in the choices listed.)
Mar 26, 2015
The answer is $3250.00 per paycheck.
There are 52 weeks in a year, each with a Friday, so there are 52 Fridays in a year. Since he is paid every other Friday, he will receive a paycheck on each of 26 Fridays. Therefore, divide $84,500 by 26 to calculate his gross paycheck (before deductions) each payday.