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Sean is paid biweekly. His annual salary is $42,500. What is his biweekly salary to the nearest cent?​

User Jan Swart
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1 Answer

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Answer: $1,634.62

Explanation:

There are 52 weeks in a year. However, Sean does not get paid every week, he gets paid every other week. 52/2 = 26, thus he gets paid 26 times a year.

His annual salary is 42,500. To figure out his salary in each paycheck, divide the net salary by the number of pay periods per year. In this case 42,500/26.

42500/26 = 1,634.62 (rounded to the nearest cent)

User Bosh
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