Question

Mary has gross pay earnings of $

1,520.00 biweekly. What is Mary's gross income per month

Round the answer to the nearest cent.

Gross pay is the amount of money you will receive before any taxes and deductions are taken out.

Answer 1

12,160,000cents

Explanations:

Since mary has gross pay earnings of $1,520.00 biweekly i.e 2times in a week, this means that her weekly payment will be equivalent to 2×$1,520 = $3040

If she receives $3040 per week, her gross income per month will be 4×$3040

= $12160

The weekly payment is multiplied by 4 to get monthly payments because 4weeks are in one week.

Converting to nearest cent

$1 = 1000cents

$12160 = (1000×12160)cents

$12160 to nearest cent will give 12,160,000cents

Answer 2

$3,293.33

Step-by-step explanation:

we know that

Mary has gross pay earnings of $1,520.00 biweekly

Remember that

1 year=52 weeks

1 year =12 months

biweekly is every two weeks

so

In one year Mary received 26 pays of $1,520

26($1,520)=$39,520

To find out the income per month, divide the income yearly by 12

$39,520/12=$3,293.33