To find average monthly income, multiply the net pay by the number of pay periods per year. Then divide this yearly income by 12 months. true
false
1 answer:
True. To find average monthly income, multiply the net pay by the number of pay periods per year. Then, divide this yearly income by 12 months. For example: Daily wages: Daily wages * 365 days = Total Wage Total wage / 12 months = average monthly income Weekly wages: Weekly wages * 52 weeks = total wage total wage / 12 months = average monthly income
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