To find average monthly income, multiply the net pay by the number of pay periods per year. Then divide this yearly income by 12 months.

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Question

Marquis Crane

Mathematics

24 February, 23:49

To find average monthly income, multiply the net pay by the number of pay periods per year. Then divide this yearly income by 12 months.

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Answers (1)

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Lacey Bauer · Answer 1

True. To find average monthly income, multiply the net pay by the number of pay periods per year. Then, divide this yearly income by 12 months.

For example:

Daily wages:

Daily wages * 365 days = Total Wage

Total wage / 12 months = average monthly income

Weekly wages:

Weekly wages * 52 weeks = total wage

total wage / 12 months = average monthly income

To find average monthly income, multiply the net pay by the number of pay periods per year. Then divide this yearly income by 12 months.truefalse

To find average monthly income, multiply the net pay by the number of pay periods per year. Then divide this yearly income by 12 months.

true

false