Question

A bank manager makes $95,000 per year. If she is paid bi-monthly, what are her gross wages each paycheck

Answer 1

Answer:

gross wages each paycheck = $3,958.33 .

Step-by-step explanation:

Given that

she is paid bi-monthly.

it means that She is paid wages twice in the month.

Since there are 12 months in a year ,

she is paid = 12 month * twice in 1 month = 24 times in a year

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Given that she get $95,000 in a year

let here each bimonthly wage be x

thus, if she paid 24 times in a year

total wages [paid to her = 24* each bimonthly wage = 24x

24x should be equal to t $95,000

24x = $95000

x  = $95000/24 = $3958.33

Thus, her gross wages each paycheck is $3,958.33 .