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Jace‘s average gross pay is $1450 biweekly. Determine how many years it will take Jace to earn his first million dollars.

User Johnnieb
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1 Answer

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Final answer:

It will take Jace approximately 690 biweekly pay periods to earn his first million dollars.

Step-by-step explanation:

To determine how many years it will take Jace to earn his first million dollars, we need to calculate the total number of biweekly pay periods required. We can find this by dividing 1 million by his average gross pay of $1450 per biweekly pay period.
Number of biweekly pay periods = 1,000,000 ÷ 1450 = 689.66
Since we can only have whole number of pay periods, we round up the decimal value to the nearest whole number.
Therefore, it will take Jace approximately 690 biweekly pay periods to earn his first million dollars.

User TTransmit
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