Question

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

Answer 1

Sean's biweekly salary is calculated by dividing his annual salary of $42,500 by the number of pay periods in a year (26) and rounding to the nearest cent, resulting in $1,634.62.

Step-by-step explanation:

To calculate Sean's biweekly salary, we begin by determining how many pay periods there are in a year for a biweekly payment schedule. Since there are 52 weeks in a year and Sean is paid every two weeks, there will be 52 / 2 = 26 pay periods in a year. Next, we divide Sean’s annual salary by the number of biweekly pay periods to find out how much he earns each period.

Sean’s annual salary is $42,500. To find the biweekly salary:

Therefore, Sean's biweekly salary, rounded to the nearest cent, is $1,634.62.

Answer 2

$42500/ 26 weeks cause its bi weekly is $1634.62 rounded to nearest cent. There are 52 weeks in a year