Question

Choose the correct amounts in the blanks.

Yearly Salary Pay Period Paycheck Amount
$ ________ weekly $398.15
$14,000.00 semimonthly ________

yearly:
A) 19,907.50
B) 20,703.80
C) 4,777.80

Paycheck:
A) 538.46
B) 269.23
C) 583.33

Answer 1

yearly:
B
paycheck :
C.................................

Answer 2

yearly : Option B, 20,703.80

Paycheck : Option C, 583.33

Explanation:

yearly salary pay period paycheck amount

$----------------- weekly $398.15

$14,0000 semimonthly $-------------

(1) In the first blank we have to fill yearly salary, if weekly salary is $398.15.

Weekly salary = $398.15

As we know in one year there is = 52 weeks

so, annual salary would be = $398.15 × 52 = $20,703.80

(2) It is given that yearly salary pay is $14,0000 and In second blank we have to fill semimonthly paycheck amount.

In one year, semimonthly (for 15 days) paychecks would be = 12 × 2 =24

So, semimonthly paychecks would be = 14,000 ÷ 24 = $583.33

yearly : Option B, 20,703.80

Paycheck : Option C, 583.33