Question

2. Mrs. Frederick is paid semimonthly.

derick is paid semimonthly. Her semi-monthly salary is $1.641.55. What is her
annual salary?
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Answer 1

The annual salary of Mrs. Fredrick is $ 39397.2

Solution:

Given, Mrs. Frederick is paid semimonthly.

Her semi-monthly salary is $1.641.55.

Now, let us find her monthly salary first.

monthly salary = 2 x semi – monthly salary

So, monthly salary = 2 x 1,641.55 = $ 3283.1

Since there 12 months in a year, we obtain the annual salary as follows:

Now, the annual salary = 12 x monthly salary

Annual salary = 12 x 3283.1 = $ 39397.2

Hence, the annual salary of Mrs. Fredrick is $ 39397.2