You just received a raise after working for your company for a year. Your new hourly wage is $12.50. If you are paid biweekly and you work a normal 40 hour week, what is your base salary per pay period?

Biweekly pay covers two weeks, so at 40 hours per week you work 80 hours per pay period. Multiply 80 hours by $12.50 per hour: 80 × $12.50 = $1,000. The correct choice is $1,000.

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