SOLUTION: I’m paid bi weekly and my annual salary is 40,000. My math problem is… a. how much is my wages for 5 months? b. I have 17,000 thousand left in my grant. C. What is the per

Algebra ->  Finance -> SOLUTION: I’m paid bi weekly and my annual salary is 40,000. My math problem is… a. how much is my wages for 5 months? b. I have 17,000 thousand left in my grant. C. What is the per      Log On


   



Question 1209966: I’m paid bi weekly and my annual salary is 40,000. My math problem is… a. how much is my wages for 5 months? b. I have 17,000 thousand left in my grant. C. What is the percent
Answer by timofer(106) About Me  (Show Source):
You can put this solution on YOUR website!
Parts b and c are not too clear.
First part means, payment is given every two weeks.
Knowing 52 weeks per year, then your year has 26 payment periods.

26%2Aw=40000
w=1538.46 in 2 weeks, of whatever money units you use


the use of factor 5 is because question asks for how much money in 5 months.