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Company A offers a semimonthly salary of $2432 and company B offers a biweekly salary of $2390. Which company pays a greater annual salary? ( show your work )

2 Answers

5 votes

Answer: Company A math

Semimonthly=twice a month

$2,432x24=$58,368

Company B math

52 weeks in a year divided by two for the biweekly pay=26 paychecks

$2,390x26=$62,140

Conclusion

Company B will pay more by about $3,800 a year

Explanation:

User Padma
by
8.0k points
5 votes
Company A math
Semimonthly=twice a month
$2,432x24=$58,368
Company B math
52 weeks in a year divided by two for the biweekly pay=26 paychecks
$2,390x26=$62,140
Conclusion
Company B will pay more by about $3,800 a year
User Bkan
by
8.0k points