hi guys and gals I was just wondering if I was doing this right would I divide it by 24? I don't think it's right . If some one could show me how to do the problem I would be very happy.
2007-09-10 11:24:50 · 5 answers · asked by Anonymous in Education & Reference ➔ Homework Help
multiply by 24 actually.
Since she earns that amount every half-month, and there are 12 months in a year, multiplying by 24 will give you the amount earned in a year.
Dividing would have given the amount per 1/48th of a month.
which means the answer is $32,288.40
2007-09-10 11:37:10 · answer #1 · answered by Steve 7 · 0⤊ 0⤋
Karen earns $1345.35 24 semimonthly. You are correct that it's 24 payday in a year. However:
annual / 24 = semimonthly pay *this is what you did
semimonthly X 24 = her yearly rate *this is what you want to do
You want to multiply whey you are give paydays in the year.
When you are given the yearly and want to figure the the paydays is when you divide.
2007-09-10 11:41:58 · answer #2 · answered by gogo7 4 · 0⤊ 0⤋
Semi-monthly means twice a month. So she would get 24 pay checks; thus :
1.345.35 X 24 = 32, 288.40
If she were paid bi-weekly, the amount would be multiplied by 26 since there are 26 weeks in a year, and bi-weekly means every two weeks
2007-09-10 11:37:33 · answer #3 · answered by seeitmiway32 5 · 0⤊ 0⤋
Semi monthly means twice per month.
Therefore, Karen earns 1345.35 two times per month.
The yearly rate would be 1345.35 x 24=32288.40
2007-09-10 11:38:11 · answer #4 · answered by Anonymous · 0⤊ 0⤋
No, you don't divide by 24, you multiply by 24
2007-09-10 11:36:53 · answer #5 · answered by Anonymous · 0⤊ 0⤋