Question

Khrysteen is paid semimonthly with $1,978.50 per pay. What is her annual
pay?

Answer 1

Since Khrysteen is paid semimonthly, she receives 24 paychecks in a year (12 months x 2 pay periods per month).

To calculate her annual pay, we can multiply her semi-monthly pay by the number of paychecks she receives in a year:

Annual pay = Semi-monthly pay x Number of paychecks in a year

Annual pay = $1,978.50 x 24

Annual pay = $47,484

Therefore, Khrysteen's annual pay is $47,484.

Hope This Helps!