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Nitin Earns $48,000 Per Year for a Forty-Hour Workweek

Question 127

Multiple Choice

Nitin earns $48,000 per year for a forty-hour workweek. Determine his hourly rate of pay if he is paid biweekly. Assume there are 52 weeks in the year.


A) $250.00
B) $24.04
C) $46.50
D) $50.00
E) $23.08

Correct Answer:

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