Question

Bethany is paid $617.09 biweekly. What is her average monthly net income?

$873.26
$1,337.03
$617.09
$1,500.00

Answer 1

$1,337.03 is your answer

Answer 2

Option B $1337.03

Explanation:

Bethany is paid biweekly. Her biweekly pay = $617.09

Biweekly pay meaning every two week or semi-monthly.

Bethany receives 26 paychecks in a year, because there are 52 weeks in a year and 52/2 = 26

So her yearly income = 617.09 × 26 = $16,044.34

Her average monthly net income = 16,044.34 ÷ 12 = 1,337.028 ≈ 1,337.03

Bethany's average monthly net income is 1,337.03