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    Business Mathematics Study Set 1
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    Exam 1: Review and Applications of Basic Mathematics
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    Ross's Compensation Is to Be Changed from an Hourly Rate
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Ross's Compensation Is to Be Changed from an Hourly Rate

Question 270

Question 270

Short Answer

Ross's compensation is to be changed from an hourly rate of $15.75 for a 40-hour week to a salary paid semimonthly. What should he be paid semimonthly in order for his annual earnings to remain the same?

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