Kristy is paid semimonthly. The net amount of each paycheck is

Question

$750.50. What is her net annual income?

Answer 1

To calculate Kristy's net annual income, we first need to calculate her total net income per month. Since she is paid semimonthly, we need to multiply her net paycheck amount by 2:

$750.50 x 2 = $1,501

Next, we calculate Kristy's total net income per year by multiplying her monthly net income by 12 (number of months in a year):

$1,501 x 12 = $18,012

Therefore, Kristy's net annual income is $18,012.