33
QuizMultiple Choice

Topic Test

Question 33 • FT GMS AMDM B IC – 72

Quick Search Inc. has hired you to work on a new search algorithm for their data base. Your annual salary is $52,680 and you are paid biweekly. If you are planning your budget based on a two week pay period, how much do you get paid every two weeks? Round your answer to the nearest cent.

Answer
A
$2,026.15
B
$2,506.32
C
$2,680.10
D
$2,751.14

Explanation

There are 26 two-week pay periods in a year, so divide the annual salary by 26: $52,680 ÷ 26 = $2,026.1538…. Rounded to the nearest cent, the biweekly pay is $2,026.15, choice a.

AI-written and checked against the verified answer.

Previous
Next