Mrs. Roberts accepted a job offer with an annual salary of $150,548, paid on a semimonthly basis. What will be her gross pay on each of her paychecks?

A. $ 2895.15

B. $ 6272.83

C. $ 5790.30

D. $ 12,545.67

B. $6272.83

Step-by-step explanation:

Given:

Mrs. Roberts accepted a job offer with an annual salary of $150,548, paid on a semimonthly basis.

Question asked:

What will be her gross pay on each of her paychecks?

Solution:

Annual salary = $150,548

As we know :-

Annually ( 1 year ) = 12 months

Here payment basis is semimonthly which means twice a month.

Total number of checks = Twice a month number of months in a year

                                        = 2 12 = 24 checks

To calculate each  paycheck worth, we will divide the annual salary into 24 sections.

$150,548 24 = $6272.83

Therefore, her gross pay will be $6272.83  on each of her paychecks.