Sylvia receives a net pay of $390.45 biweekly. She has $130 withheld
from her pay each pay period. What is her annual gross salary?
a. $2,620.80
b. $13,531.70
c. $19,619.20
d. $10,400
We can start by finding out how much Sylvia earns before any deductions are made. We know that she receives a net pay of $390.45 every 2 weeks, so her gross pay must be more than that.
To find her gross pay for one year, we can multiply her biweekly net pay by the number of pay periods in a year:
$390.45 x 26 = $10,146.70
This is how much Sylvia earns after $130 is withheld from each pay period. To find her annual gross salary, we need to add back the amount that is being withheld:
$10,146.70 + ($130 x 26) = $13,531.70
Therefore, the answer is (b) $13,531.70.