Question

Lynn has an annual income of $17,500. She has $5,500 withheld asdeductions. What is the amount of each paycheck if she gets paidbiweekly?a. $673.08b. $884.62c. $461.54d. $500

Answer 1

From the $17,500 she has $5,500 are withheld therefore, she keeps a total of $12,000 per year, then she gets $12,000/12=$1000 each month. If she gets paid biweekly she receives $1,000/2=$500.

Answer: Option d.