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anzhelika [568]
3 years ago
12

B. J. Swanson is paid an annual salary of $37,500 semimonthly. What is his gross pay per pay period?

Mathematics
2 answers:
stealth61 [152]3 years ago
5 0
The answer is $1,562.50
elena-s [515]3 years ago
5 0

Answer:

B. J. Swanson gets $1562.50 per pay period.

Step-by-step explanation:

B. J. Swanson is paid an annual salary of $37,500 semimonthly.

Semimonthly means 2 times in a month.

And as there are 12 months in a year, this implies that there are 2\times12=24 pay periods in a year.

An annual salary of  $37,500 means he is paid this much in 24 pay periods.

Hence, per pay period he gets;

\frac{37500}{24}=1562.50 dollars

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