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Wages and salaries

Kelly earns a salary of $68 430 pa how much does he earn each week, each fortnight and each month?

User OrthodoX
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1 Answer

6 votes

Answer:

Each week = $ 1311.41

Each fortnight = $ 2622.84

Each month = $ 5702.5

Explanation:

Given that,

Annual salary of Kelly = $ 68,430

As we know,

There are 52.18 weeks in a year.

So,

Weekly income = Annual salary ÷ no. of weeks in the year

= $ 68,430 ÷ 52.18

= $ 1311.42

Fortnight income = 2 * weekly income

= 2 * $ 1311.42

= $ 2622.84

Each month's income = Annual income ÷ 12(no. of months)

= $ 68,430 ÷ 12

= $ 5702.5