Salary

Front

An employee who is paid monthly is paid _______ times a year.

Back

12

Front

You are making $780 per week. How much will you earn in a year?

Back

$40,560

Front

What is an annual salary?

Back

What you earn over the course of a year.

Front

A Salary is a _____________________.

Back

fixed regular payment.

Front

How many times a year do you receive a paycheck if you are paid biweekly?

Back

26

Front

What is the formula to calculate annual salary from weekly salary?

Back

Weekly Salary x 52.

Front

If you earn $1,000 biweekly, what is your annual salary?

Back

$26,000.

Front

What does it mean to be paid hourly?

Back

You are paid a set amount for each hour worked.

Front

What is the difference between salary and hourly pay?

Back

Salary is a fixed regular payment, while hourly pay is based on hours worked.

Front

If a salary is $60,000 per year, what is the monthly salary?

Back

$5,000.