Question

Allison is offered an annual salary of $24,500. What would be her biweekly gross pay? (Round to the nearest cent.) A. $2,041.67 B. $942.31 C. $471.15 D. $1,020.83

Answer 1

The correct option is B.

Explanation:

The annual salary of Allison $24,500.

Biweekly means 2 weeks or semi-monthly. The total number of weeks in an year is 52. So, the number of pairs of two weeks is 26.

To calculate the biweekly pay, we have to divide the annual salary by 26.

`(24500)/(26)=942.3077\approx 942.31`

The biweekly pay of Allison is 942.31.

Therefore the correct option is B.

Answer 2

Option (B) is correct.

Allison biweekly gross pay is $942.31

Explanation:

Given annual salary offered to Allison = $24,500.

We have to calculate Allison biweekly pay that is pay Allison got for 2 weeks

To calculate biweekly we first find Allison weekly pay then multiply it by 2.

We know there are 52 weeks in a year.

So, weekly salary offered to Allison
`=(24500)/(52)=471.15`(approx)

Biweekly salary will be = 2 × weekly salary

= 2 × 471.15

= 942.307(approx)

Thus, Allison biweekly gross pay is $942.31