Isabella is paid an annual salary of $61,200 per year as a bank manager. According to her contract, Isabella is paid monthly. What is Isabella's salary per pay period?

Answer 1

To find Isabella's monthly salary, we need to divide her annual salary by the number of months in a year.

Isabella's annual salary is $61,200. There are 12 months in a year.

Monthly salary = Annual salary / Number of months Monthly salary = $61,200 / 12 Monthly salary = $5,100

Therefore, Isabella's salary per pay period (monthly) is $5,100.