Holly's paycheck is $1500 per fortnight.Holly's tax for the year is $11 000.How much is her yearly gross income?

Question

Holly's paycheck is $1500 per fortnight.Holly's tax for the year is $11 000.How much is her yearly gross income?
🧐 Not the exact question you are looking for?Go ask a question

Solution 1

Step 1: Determine how many fortnights are in a year. A fortnight is a period of two weeks. Since there are 52 weeks in a year, there are 26 fortnights in a year (52 weeks ÷ 2).

Step 2: Calculate Holly's gross income per fortnight. We know that Holly's paycheck is $1500 per fortnight.

Step 3: Calcu Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

This problem has been solved

Similar Questions

Holly's paycheck is $1500 per fortnight.Holly's tax for the year is $11 000.How much is her yearly gross income?

Sarah  receives R20 000 per month from Allen in terms of a divorce order. The receipts will constitute gross income for Sarah.Question 11Select one:TrueFalse

You expect to have $ 8 000$8 000 in one year. A bank is offering loans at 3.5 %3.5% interest per year. How much can you borrow​ today?

Per capita Income is also known as [1](i) Average income(ii) National Income(iii) Gross Income(iv) Personal Income

If the Social Security tax is 6.13 percent of the gross income, what is the tax for $1,783.00?

1/3