Winnie earns an annual salary of $55,117. If she pays $3,715 a year in taxes and receives a paycheck

Discussion in 'Calculator Requests' started by math_celebrity, Aug 29, 2018.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    Winnie earns an annual salary of $55,117. If she pays $3,715 a year in taxes and receives a paycheck every other week, how much does Winnie receive from each paycheck?

    Subtract the taxes to get Winnie's Total net pay:
    Total Net Pay = Annual Salary - Annual Taxes
    Total Net Pay =$55,117 - $3,715
    Total Net Pay = $51,402

    Now, if Winnie gets paid every other week, and there are 52 weeks in a year, then she gets paid 26 times.

    Calculate single paycheck amount
    Single Paycheck Amount = Total Net Pay / 26 payments
    Single Paycheck Amount = $51,402 / 26
    Single Paycheck Amount = $1,977
     

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