A plumber makes a starting $36,000 a year. They get paid semimonthly. They have a health insurance p

Discussion in 'Calculator Requests' started by math_celebrity, Feb 27, 2020.

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  1. math_celebrity

    math_celebrity Administrator Staff Member

    A plumber makes a starting $36,000 a year. They get paid semimonthly. They have a health insurance premium of $74.28 and $25 in union dues each paycheck. 1. What is their semimonthly salary?

    Calculate the number of semi-monthly periods per year:
    Semi-monthly periods per year = 12 Months per year * 2
    Semi-monthly periods per year = 24

    Calculate semi-monthly salary amount:
    Semi-monthly salary amount = Annual Salary / Semi-monthly periods per year
    Semi-monthly salary amount = $36,000 / 24
    Semi-monthly salary amount = $1,500

    Now, calculate the net pay each semimonthly period:
    Net pay = Semi-monthly salary amount - Health Insurance Premium - Union Dues
    Net pay = $1,500 - $74.28 - $25
    Net pay = $1,400.72
     

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