1. 1 Salary Press Ctrl-A ©2009 – Not to be sold/Free to use Stage 5 Year 9

2. 2 Salary (1/3) Salary is paid on an annual basis. To calculate a monthly pay (÷ 12) fortnightlyx 2To calculate a fortnightly pay (÷ 52.179 x 2) To calculate a weekly pay (÷ 52.179) To calculate a daily pay (÷ 365.25) End of Slide

3. 3 Salary (2/3) Example 1: John earns an annual salary of $75 000 p.a. Calculate his monthly, fortnightly and weekly pay. Monthly pay = 75 000 ÷ 12 = $6450.00 Fortnightly pay = 75 000 ÷ 365.25 x 14 = $2874.74 Weekly pay = 75 000 ÷ 52.179 = $1437.35 End of Slide

4. 4 Salary (3/3) Example 2: Mary earns $1,200 per week. Calculate annual salary. Salary = $1,200 x 52.179 weeks = $62,614.80 End of Show Example 3: Mary earns $5,300 per month. Calculate annual salary. Salary = $7,300 x 12 months = $87,600.80