©G Dear 2008 – Not to be sold/Free to use General Mathematics Preliminary Earning Money Salary Stage 6 - Year 11 Press Ctrl-A ©G Dear 2008 – Not to be sold/Free to use

Salary (1/1) Salary is paid on an annual basis. To calculate a monthly pay (÷12) To calculate a fortnightly pay (÷26) To calculate a weekly pay (÷52) Example: John earns an annual salary of $75 000 p.a. Calculate his monthly, fortnightly and weekly pay. Monthly pay = 75 000 ÷ 12 = $6450.00 Fortnightly pay = 75 000 ÷ 26 = $2884.62 Weekly pay = 75 000 ÷ 52 = $1442.31