Question

John's weekly salary is $478.25 his employer is changing The pay period to semimonthly. A.) What is John's annual salary? B.) What will John's semi monthly salary be to the nearest cent?

Answer 1

Question A:

One year = 52 weeks
Salary one year = 52 × 478.25 = $24869

Question B:

Semi monthly means John is being paid twice a month instead of weekly
The average weeks in a month is 4 weeks. 
John is being paid every two weeks
The amount John will receive is 478.25 × 2 = $956.5