Wilma earns $19,900 annually. What is the gross amount of her
semimonthly paycheck?
a. $829.17
b. $816.72
c. $750
d. $1,625
To find Wilma's semimonthly paycheck, we need to divide her annual salary by the number of pay periods in a year. Since there are 24 semimonthly pay periods in a year (12 months x 2), we can calculate her gross semimonthly paycheck as follows:
$19,900 / 24 = $829.17
Therefore, the answer is (a) $829.17.
To find the gross amount of Wilma's semimonthly paycheck, we need to divide her annual salary by the number of semimonthly pay periods in a year.
Step 1: Determine the number of semimonthly pay periods in a year.
Since there are 12 months in a year, and Wilma is paid semimonthly, there are 24 pay periods in a year (12 months x 2 semimonthly pay periods).
Step 2: Divide the annual salary by the number of semimonthly pay periods.
Wilma's annual salary is $19,900, so we divide that by 24 to get the gross amount of her semimonthly paycheck.
$19,900 / 24 = $829.17
Therefore, the gross amount of Wilma's semimonthly paycheck is $829.17.
The correct answer is (a) $829.17.
To find the gross amount of Wilma's semimonthly paycheck, we need to divide her annual salary by the number of semimonthly pay periods in a year.
Since semimonthly means occurring twice a month, there are 24 pay periods in a year (12 months x 2).
We can calculate the gross amount of Wilma's semimonthly paycheck by using the following formula:
Gross Amount of Semimonthly Paycheck = Annual Salary / Number of Semimonthly Pay Periods
Now, let's plug in the given value:
Gross Amount of Semimonthly Paycheck = $19,900 / 24
Using a calculator, we can find the answer:
Gross Amount of Semimonthly Paycheck ≈ $829.17
Therefore, the correct answer is option a. $829.17.