56.0k views
4 votes
Sally has a yearly salary of $86,400 and is paid twice a month. What is her gross pay per pay period?

User KyleWpppd
by
7.2k points

1 Answer

6 votes

Final answer:

Sally's gross pay per pay period is $3,600.

Step-by-step explanation:

To calculate Sally's gross pay per pay period, we start with her yearly salary of $86,400. Since she is paid twice a month, we divide the annual salary by 24 (12 months * 2 pay periods). The calculation is as follows: $86,400 / 24 = $3,600. Therefore, Sally's gross pay per pay period is $3,600.

This calculation ensures an accurate representation of Sally's earnings in each bi-monthly pay period. By dividing the annual salary by the number of pay periods in a year, we obtain the amount she receives in each period. In this case, the division by 24 accounts for the twice-monthly payment schedule. This straightforward calculation allows for a clear understanding of Sally's gross pay per pay period.

User Ljacqu
by
7.8k points