Answer:
B. $6272.83
Step-by-step explanation:
Given:
Mrs. Roberts accepted a job offer with an annual salary of $150,548, paid on a semimonthly basis.
Question asked:
What will be her gross pay on each of her paychecks?
Solution:
Annual salary = $150,548
As we know :-
Annually ( 1 year ) = 12 months
Here payment basis is semimonthly which means twice a month.
Total number of checks = Twice a month [tex]\times[/tex] number of months in a year
= 2 [tex]\times[/tex] 12 = 24 checks
To calculate each paycheck worth, we will divide the annual salary into 24 sections.
$150,548 [tex]\div[/tex] 24 = $6272.83
Therefore, her gross pay will be $6272.83 on each of her paychecks.
