Question

Quick search inc. has hired you to work on a new search algorithm for their data base. your annual salary is $52,680 and you are paid biweekly. if you are planning your monthly budget based on a two week pay period, how much do you get paid every two weeks? round your answer to the nearest cent

Answer 1

If you are planning your monthly budget based on a two week pay period, this is how much you get paid every two weeks:
$52,680 / 12 (the number of months in a year) = 4,390 - this is your monthly sallary
$4,390 / 2 = 2,195
You earn $2,195 per two weeks.