Saira's weekly salary is $1,063.46. what would her gross salary be if it were on a semimonthly basis? (round your answer to the nearest cent)

$2,304.16

Step-by-step explanation:

We know that Saira weekly salary is $1,063.46. The best way to find the gross salary and convert it to semi-monthly basis is to find her annual gross first.

We have a total of 52 weeks in a year. We simply multiply the weekly salary of Saira to 52 to get her annual income.

1,063.46 x 52 = 55,299.92

Now that we have the total annual income, we can then proceed to calculate for how much her salary would be if it were in a semi-monthly basis.

A semi-monthly salary has a total of 24 payments. So we divide the annual salary of Saira by 24 to get her semi-monthly pay.

55299.92 / 24 = $2,304.16

Saira will have a semi-monthly pay of 2,304.16.

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