What is the total annual salary of an employee earning $750.86 bi-weekly? (Based on twenty-six pay periods per year)
Question
What is the total annual salary of an employee earning $750.86 bi-weekly?
(Based on twenty-six pay periods per year)
Solution
To calculate the total annual salary of an employee earning $750.86 bi-weekly, you need to multiply the bi-weekly salary by the number of pay periods in a year.
Here are the steps:
- Identify the bi-weekly salary: $750.86
- Identify the number of pay periods in a year: 26 (since there are 52 weeks in a year and the employee is paid every two weeks)
- Multiply the bi-weekly salary by the number of pay periods: $750.86 * 26
This will give you the total annual salary of the employee.
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