Question

Manny is paid semimonthly. His semimonthly salary is $1,239. What is his annual salary?

Answer 1

Semimonthly is twice a month. There are 12 months in a year, which means Manny will get paid 12 x 2 = 24 times a year.

His annual salary is:

$1,239 x 24 = $29,736