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1 vote
1 vote
Example 4: Oscar receives two job offers. The first job offers a bi-weekly salary of $1200. The

second job offers a semi-monthly salary of $1250. Which job pays more?

User Marsnebulasoup
by
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1 Answer

7 votes
7 votes

Answer:

The bi-weekly job!

Explanation:

With a bi-weekly salary, your employer pays you every second week.

Since there are 52 weeks in a year: 52/2 = 26

This means you will get a total of 26 pay checks a year.

26 x 1200 = 31200

Therefore, you earn $31200 a year if you are paid bi weekly.

With a semi-monthly salary your employer pays you twice a month.

Since there are 12 months in a year: 12 x 2 = 24

This means you get a total of 24 pay checks a year.

24 x 1250 = 30000

Therefore, you earn $30000 a year if you are paid semi-monthly.

31200 > 30000

Therefore, you earn more on a bi-weekly salary.

User Wu Yongzheng
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2.8k points