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Find the annual earnings if a worker is paid $743.75 semimonthly.

Select one:
a. $8,925.00
b. $17,850.00
c. $26,775.00

1 Answer

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Find the annual earnings if a worker is paid $743.75 semimonthly.

Answer: A worker is paid $743.75 semimonthly.

Semimonthly is twice a month.

Therefore, a worker is paid $
743.75 * 2 =1487.5 monthly

There are 12 months in a year.

Therefore a worker is paid $
1487.5 * 12 =17850 annually

Hence, the option b. $17,850.00 is correct


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