Answer:
$1561.60
Step-by-step explanation:
William's Previous Hourly Income=$18.50
If he received a 5.5% increase, his new income per hour will be:
$18.50+(5.5% of 18.50)
=18.50+(0.055 X 18.50)
=$18.50+ 1.02=$19.52
There are 4 weeks in a month.
In a week, he works 40 Hours
In 2 Weeks(Semi-Monthly), he works (2 X 40) Hours =80 Hours
Gross Pay on his semi-monthly paycheck
= 80 X $19.52
=$1561.60
Answer: $1561.41
Step-by-step explanation:
5.5% increase in hourly wages
= 5.5% x $18.50 / 100%
= $1.0175.
= $1.0175 + $18.50
= $19.5175.
Gross pay on semi monthly paycheck ( this is usually the salary received by an employee before any deductions or tax.)
= 40hrs/week x 2weeks ( semi monthly usually paid on the 15th of each month).
= 80hrs
= 80hrs x $19.5175
= $1561.41
Therefore: Williams semi monthly paycheck is $1561.41
