William was recently promoted. Previously, he earned $18.50 per hour for a standard 40-hour week. He just received a 5.5% increase in hourly wage. What will be his gross pay on his semi-monthly paycheck?

Question

Mathematics

Skylar Kirk

23 June, 17:30

William was recently promoted. Previously, he earned $18.50 per hour for a standard 40-hour week. He just received a 5.5% increase in hourly wage. What will be his gross pay on his semi-monthly paycheck?

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Answers (1)

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Jaylan · Answer 1

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