) If Arnold earns a salary of $18,564 a year and is paid biweekly, how much is h

Business & Finance
Tutor: None Selected Time limit: 1 Day

) If Arnold earns a salary of $18,564 a year and is paid biweekly, how much is his gross pay per period? 

A) $773.50 

B) $357 

C) $1547.00

D) $714.00

Apr 25th, 2015

Biweekly means he gets paid every 2 weeks.  So, since there are 52 weeks in a year, 52/2 means he gets paid 26 times a year.  So, $18,564/26= $714.00 per pay.  

So the answer is D) $714.00


Hope it helps!!

Apr 25th, 2015

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