Questions: An office employee earns 750 weekly. Find the equivalent earnings if paid biweekly, semimonthly, monthly, and annually. What is the biweekly salary equivalent to a weekly salary of 750?

Solution Steps

To find the equivalent earnings for different pay periods, we need to convert the weekly salary to biweekly, semimonthly, monthly, and annually.

1. Biweekly: Multiply the weekly salary by 2.
2. Semimonthly: Multiply the weekly salary by the number of weeks in half a month (approximately 2.1667 weeks).
3. Monthly: Multiply the weekly salary by the number of weeks in a month (approximately 4.3333 weeks).
4. Annually: Multiply the weekly salary by the number of weeks in a year (52 weeks).

To find the biweekly salary, we multiply the weekly salary by 2: \[ \text{Biweekly Salary} = 750 \times 2 = 1500 \]

To find the semimonthly salary, we multiply the weekly salary by the number of weeks in half a month. There are approximately \( \frac{52}{24} \) weeks in half a month: \[ \text{Semimonthly Salary} = 750 \times \left( \frac{52}{24} \right) \approx 750 \times 2.1667 = 1625.0 \]

To find the monthly salary, we multiply the weekly salary by the number of weeks in a month. There are approximately \( \frac{52}{12} \) weeks in a month: \[ \text{Monthly Salary} = 750 \times \left( \frac{52}{12} \right) \approx 750 \times 4.3333 = 3250.0 \]

To find the annual salary, we multiply the weekly salary by the number of weeks in a year: \[ \text{Annual Salary} = 750 \times 52 = 39000 \]

Final Answer