Nitin earns $48,000 per year for a forty-hour work week. Determine his hourly rate of pay if he is paid biweekly. Assume there are 52 weeks in the year. A) $250.00 B) $24.04 C) $46.50 D) $50.00 E) $23.08
Added by Rhonda G.
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To do this, we divide his annual salary by the number of weeks in a year: $48,000 / 52 = $923.08 (rounded to the nearest cent) Show more…
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