Salary Income

Front

What is the formula to calculate weekly salary from annual salary?

Back

Weekly Salary = Annual Salary / 52

Front

If your annual salary is $22,500, what is your weekly salary?

Back

$432.69

Front

How do you calculate your salary per pay period?

Back

Divide annual salary by the number of pay periods per year.

Front

How many pay periods are there in 2 years if paid weekly?

Back

104 pay periods.

Front

What is the difference between biweekly and semimonthly pay schedules?

Back

Biweekly means getting paid every two weeks, while semimonthly means getting paid twice a month.

Front

If Paul Sellers was paid a biweekly salary of $1,230, what will his semimonthly salary be?

Back

$1,332.50

Front

What is the annual salary if the weekly salary is $810?

Back

$42,120

Front

What is the semimonthly salary if the weekly salary is $810?

Back

$1,755

Front

How do you convert a weekly salary to an annual salary?

Back

Multiply the weekly salary by 52.

Front

If you have 24 pay periods in a year, what type of pay schedule do you have?

Back

You have a biweekly pay schedule.