Last year Debby’s annual salary was s dollars and was paid semimonthly – Free 42A

Last year Debby’s annual salary was s dollars and was paid semimonthly. This year she received a raise of i dollars per year. She is now paid biweekly.

Calculate Biweekly Salary After Raise

How to Calculate Biweekly Salary After Receiving a Raise

Debby’s salary situation has changed in two ways:

  1. She received an annual raise of i dollars.
  2. Her pay frequency changed from semimonthly to biweekly.

Step 1: Calculate Debby’s New Annual Salary

Last year, Debby earned s dollars per year. This year she received an additional i dollars. So her total salary now is:

New Annual Salary = s + i

Step 2: Understand Pay Frequencies

  • Semimonthly: 24 pay periods per year (twice a month)
  • Biweekly: 26 pay periods per year (every two weeks)

Since her pay is now biweekly, we divide her new annual salary by 26 to find her paycheck amount.

Step 3: Calculate Biweekly Pay

Biweekly Pay = (s + i) / 26
Therefore, Debby’s biweekly paycheck is (s + i) ÷ 26 dollars.

Bonus: What Was Her Semimonthly Pay Before?

If you’re curious, Debby’s semimonthly pay from last year was:

Previous Semimonthly Pay = s / 24

Note: Biweekly and semimonthly are not the same. Though both seem similar, semimonthly results in 24 checks per year, while biweekly gives 26, which slightly affects budgeting and paycheck amounts.

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