Answers:
Monthly gross pay = $7650.68
Annual gross pay = $91808.16
Explanation:
To get the monthly gross pay, you double the semi-monthly gross pay. In other words, you multiply by 2.
Once you know how much you earn per month, you multiply that by 12 to get your annual pay.
The term "gross" in financial terms means the amount of money before taxes and other fees apply. The net pay is after taxes and other fees are deducted from your paycheck. This means the net pay is going to be smaller than the gross pay.
