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So let me explain this a little better:

As of my last paycheck I have earned X amount of dollars which, given that the year is 47% over for that pay period how would I figure the remaining 53% is if I assume my pay will be at the same rate. I know I figure this out by multiplying my hourly rate and blah blah, I just want to know what the algebraic equation would be.

2007-07-23 16:17:55 · 2 answers · asked by Anonymous in Business & Finance Other - Business & Finance

2 answers

53/47 multiplied by X

2007-07-23 16:22:54 · answer #1 · answered by ZimBiz 2 · 0 0

Take the amount you've earned so far (X) and divide it by the 47% for the amount of the year that has past. This will give you the total annual salary. Then just subtract from that number what you've earned so far (X).

(X/.47) - X = salary remaining.

Example: earned 23,500 so far.

(23,500/.47) = 50,000 annually. 50,000 - 23,500 = 26,500 remaining salary to be paid. (26,500/50,000 = 53%)

2007-07-24 04:24:31 · answer #2 · answered by mindcrime828 7 · 0 0

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