Question

Karen is a pediatrician at the local doctor's office. Her annual salary is $238,000. Is her semi-monthly pay?

a) Yes, $9,916.67
b) Yes, $11,000

Answer 1

Karen's semi-monthly pay is calculated by dividing her annual salary by 24, which equals to $9,916.67.

Step-by-step explanation:

To determine Karen's semi-monthly pay, we need to divide her annual salary by the number of semi-monthly periods in a year. There are 24 semi-monthly periods in a year (2 per month).

Karen's semi-monthly pay: $238,000 / 24 = $9,916.67.

So, the answer to the student's question is Yes, $9,916.67.