Question

Quick Search Inc. has hired you to work on a new search algorithm for their data base. Your annual salary is $52,680 and you are paid biweekly. If you are planning your monthly budget based on a two week pay period, how much do you get paid every two weeks? Round your answer to the nearest cent. a. $2,026.15 c. $2,680.10 b. $2,506.32 d. $2,751.14

Answer 1

There are 52 weeks in a year. So there are 52/2 = 26 periods where you get paid

52680/26 = 2,026.153846 approximately which rounds to 2,026.15

Final answer: Choice A