How much money does an employee working for a salary of [tex]$52,000 per year get paid every two weeks?

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Round to the nearest whole dollar.



Answer :

Let's determine how much an employee, who earns [tex]$52,000 annually, gets paid every two weeks. We'll follow a step-by-step approach to find the answer and round it to the nearest whole dollar. 1. Identify the annual salary: The employee earns $[/tex]52,000 per year.

2. Determine the number of weeks in a year:
There are 52 weeks in a year.

3. Calculate the bi-weekly salary:
Since "bi-weekly" means every two weeks, we need to divide the annual salary into equal payments made every two weeks.
- There are 52 weeks in a year, so there are [tex]\( \frac{52}{2} = 26 \)[/tex] two-week periods in a year.
- To find the amount paid every two weeks, we divide the annual salary by the number of two-week periods:
[tex]\[ \text{Bi-weekly salary} = \frac{\$52,000}{26} \][/tex]

4. Perform the division:
[tex]\[ \text{Bi-weekly salary} = \frac{\$52,000}{26} = \$2,000 \][/tex]

5. Round to the nearest whole dollar:
Since the result is already a whole number, there is no need for further rounding.

Thus, an employee earning [tex]$52,000 per year gets paid $[/tex]2,000 every two weeks.