Question

At an annual salary of 55000 per year what is the amount of semi monthly paychecks

Answer 1

Simi mean half. So he gets 55000 a year. So find out how much he gets per months by dividing we divide 55000 by 12 = 4583.33 per month so now divide that by 2
4583.33 / 2 = 2291.665 simi per month or if we round 2291.67

The answers is 2291.665
The answer if we round is 2291.67

Answer 2

Semi-monthly means two times per month.

If someone gets 55,000 salary annually or 12 months, he will get 55,000/24 = 2291.67 per 2 times per month(semi-monthly).

Ans: 2291.7.