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Christina is paid semimonthly. Her annual salary is $25,000. What isher semimonthly salary, rounded to the nearest cent?

User Tarmelop
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There are 12 months in a year. As such if she is paid semimonthly, it means that she will be paid twice in a month and 24 times in a year.

As such, if her annual salary is $25,000 then her semimonthly salary would be

= $25,000/24

= $1,041.67 (rounded to the nearest cent)

User Christopher King
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