Question

Sheila is a manager at the Adam's Mark hotel and has a yearly salary of $65,500. If Sheila pays

21% in taxes and gets paid on the 15th and last day of the month, how much is each paycheck?
Show your work.

Answer 1

$2139.58

Explanation:

First, you find how much each paycheck is worth with taxes excluded, since she is only keeping 79% of the money you multiply 65,000 by 0.79=51350. Since she is getting paid twice a month, she is getting 24 paychecks a year. So you diving 51350 by 24 to get 2139.58333 but round down to 2139.58