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What is the gross pay per pay period?

Annual salary: $71 290
Pay period: semimonthly

A. $2970.42

B. $5940.83

C. $10,184.29

D. $11,881.67

User JustAndrei
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2 Answers

4 votes

Final answer:

The gross pay per pay period can be calculated by dividing the annual salary by the number of pay periods in a year.

Step-by-step explanation:

To calculate the gross pay per pay period, we can divide the annual salary by the number of pay periods in a year. In this case, the pay period is semimonthly, which means there are 24 pay periods in a year (12 months x 2). So, the gross pay per pay period is $71,290 / 24 = $2,970.42.

Therefore, the correct answer is A. $2,970.42.

User Soley
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5.2k points
3 votes

that would be yearlypay/periodsperyear

semimonthly=2 times per month

12 months per year

2*12=24 periods per year

yearlypay=71290


gross pay per pay period=71290/24=2970.4166

so about $2970.42 per pay period

A is answer

User Bohdan Stupak
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