Question

A person's salary is a fixed amount of many earned on a regular basis. An annual salary is the amount of money earned per year.weekly- 52 weekly per year,52 paychecks per year. Biweekly- every other week, 26 paychecks per year. Semimonthly-twice a month, 24 times per year. monthly-once a month, 12 times per year. Q.Ron was hired as an administrative assistant for news 12 NJ. his annual salary is $42,300. what is his weekly salary?

Answer 1

We are asked to calculate the weekly salary of Ron, we are given his yearly salary. We know that there are 52 paychecks if the salary if weekly, therefore we must divide the annual salary over 52 to convert the annual salary into a weekly salary, like this:

$\text{Weekly salary = }\frac{\text{annual salary}}{52}$$weekly\text{ salary = }\frac{42,300}{52}=8,460$