Question

you accept a job with an annual income for $47800. This includes salary and a $1000 year end bonus. You are paid twice a month. What is your salary per pay period?

Step 1

It is given that the job is accepted with an annual income of $47800. As there are 12 months in a year and payment is two times in a month. Therefore, there will be 12*2=24 pay periods in total.

Step 2

Let salary per pay period (in $)=x

Total income for the year = $47800

Step 3

And bonus at the end of the year = $1000

Since ...

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