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.
Kristy is paid semimonthly. The net amount of each paycheck is
$750.50. What is her net annual income?
1 answer