3. Divide the actual amount of money you will receive in a year by 12 in order to calculate the amount you'll receive each month. Round to the nearest dollar.
Example: If you receive $35,000 each year, you receive \$ 35000/12 =\$ 2 ,917 each month.
My salary is 277,000
$277,000 / 12 = $23,083
Therefore, you will receive $23,083 each month.