   Chapter 9.I, Problem 8RE ### Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447

#### Solutions

Chapter
Section ### Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447
Textbook Problem

# Mary Jo Prenaris is an office manager with gross earnings of $1,600 semimonthly. If her company switches pay schedules from semimonthly to biweekly, what are Mary Jo’s new gross earnings? To determine To calculate: The biweekly salary of Mary Jo Prenaris, if her company changes pay schedules from semimonthly to biweekly and her semimonthly gross earnings is$1,600.

Explanation

Given Information:

The provided semimonthly salary is $1,600. Formula used: To determine amount of gross pay per period. Semimonthly pay=Annual Salary÷24Biweekly pay=Annual Salary÷26 To multiply whole numbers: Step 1: Line up the place values of the factors by writing them in columns. Step 2: Starting from units multiply the digits of multiplier to the digits of multiplicand and write the units digit of each product under the corresponding digit of the multiplier. Step 3: Add the digits column wise starting from the right. To divide whole numbers: Step 1: Select the group of digits in the dividend from left that the divisor divides at least once. After dividing put the partial quotient above the last digit in that group. Step 2: Multiply the divisor to the partial quotient. Write it below the selected group of digits and subtract. Step 3: Write down the next digit from the dividend which is after the selected group. Step 4: Repeat the above steps until all the digits in the dividend are divided. Calculation: Consider the semimonthly salary,$1,600

Now to find Mary’s biweekly salary first find her annual salary by applying formula multiply semimonthly salary to 24,

First line up the place values of 1,600 and 24 by writing them in columns.

1,600×  24_

Now starting from units multiply the digits of multiplier to the digits of multiplicand and write the units digit of each product under the corresponding digit of the multiplier.

1600×    24_64003200

Now add the digits column wise starting from the right.

1600×    24_64003200  _38,400__

So, the annual pay is \$38,400

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