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paycheck

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Paycheck after deductions 2014-02-23
From Louise:
So I got a paycheck for 89.02 they took out in deductions 15.69. I want to know the percentage they are taking out so that I can figure my take home pay each week before I get it. So I know what to expect for pay each week so I can budget my bills from now on a weekly basis. If I know the percentage than I can just figure out the percentage through how many hours in the week I worked and multiply my gross pay and know what my take home will be
Answered by Penny Nom.
26 paychecks 2009-01-21
From Kenneth:
Hello:

If someone is paid every two weeks, he receives 26 paychecks per year, (52 weeks/year)divided by (2 weeks/1 check) equals 26 paychecks per year.

However, if the calculation uses days instead of weeks, the answer is not exactly 26 paychecks. For example, 365 days divided by 14 days per paycheck equals 26 1/14 paychecks. Fourteen days is equivalent to two weeks, isn't it?

Why is there this fractional amount of 1/14 of a paycheck?

Answered by Robert Dawson and Victoria West.
 
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