Finding Average Income with Biweekly
Remember there are 2 steps
Biweekly- $524.88
Step 1: 524.88 x 26=13646.88
Step 2: 13646.88 / 12= 1137.24
Their monthly income is $1,137.24
Remember there are 4 steps
Weekly Pay Checks
$84.16 $95.75
$102.36 $97.19
Step 1: Add them all together= 379.46
Step 2: 379.46 /4= 94.865
Step 3: 94.865 x 52= 4932.98
Step 4: 4932.98 / 12= 411.08
They make $411.08 a month
Income is $622.49
a. Housing (27%)=
b. Food (20%)=
c. Clothes (9%)=
d. Transportation (13%)=
a.622.49x 27%= 168.07
b.622.49x 20%= 124.50
c.622.49x 9%= 56.02
d.622.49x 13%= 80.92
What percent of the net income of $20,400.22 is spent on each category?
a. Housing=6,160.72
b. Food= 4,975.96
c. Clothes= 2,132.56
d. Transportation= 3,317.31
a. Housing=6,160.72/ 20,400.22= 30%
b. Food= 4,975.96/20,400.22= 24%
c. Clothes= 2,132.56/20,400.22=10%
d. Transportation= 3,317.31/20,400.22=16%
Remember there are 2 steps
Biweekly- $1,531
Step 1: 1531 x 26=39,806
Step 2: 39806 / 12= 3,317.17
Their monthly income is $3,317.17
Remember there are 4 steps
Weekly Pay Checks
$162.10 $175.18
$167.90 $172.44
$177.67 $168.46
Step 1: Add them all together= 1023.75
Step 2: 1023.75 /6= 170.625
Step 3: 170.625 x 52= 8872.50
Step 4: 8872.50 / 12= 739.375
They make $739.38 a month
Income is 622.49
a. Insurance (5%)=
b. Gifts (7%)=
c.Entertainment (5%)=
d. Savings (8%)=
a.622.49x 5%= 31.12
b.622.49x 7%= 43.57
c.622.49x 5%= 31.12
d.622.49x 8%= 49.80
What percent of the net income of $15,753.97 is spent on each category?
a. Housing=5,736
b. Food= 3,964
c. Clothes= 1,864
d. Transportation= 6,742
a. Housing=5,736/ 15,753.97=36%
b. Food= 3,964/15,753.97=25%
c. Clothes= 1,864/15,753.97=12%
d. Transportation= 6,742/15,753.97=43%
Remember there are 2 steps
Biweekly- $763.26
Step 1: 763.26 x 26=19844.76
Step 2: 19844.76 / 12= 1653.73
Their monthly income is $1,653.73
Remember there are 4 steps
Weekly Pay Checks
$175.89 $175.89
$177.50 $182.46
$172.10 $180.14
Step 1: Add them all together= 1063.98
Step 2: 1063.98 / 6= 177.33
Step 3: 177.33 x 52= 9221.16
Step 4: 9221.16 / 12= 768.43
They make $768.43 a month
Income is $505.08
a. Housing (27%)=
b. Food (20%)=
c. Clothes (9%)=
d. Transportation (13%)=
a.505.08x 27%= 136.37
b.505.08x 20%= 101.02
c.505.08x 9%= 45.46
d.505.08x 13%= 65.66
What percent of the net income of $20,400.22 is spent on each category?
a. Insurance= 947.75
b. Gifts= 2,500.87
c.Entertainment= 3,976.08
d. Savings= 5,000.50
a. Insurance= 947.75/20,400.22=5%
b. Gifts= 2,500.87/20,400.22=12%
c.Entertainment= 3,976.08/20,400.22=19%
d. Savings= 5,000.50/20,400.22=25%
Remember there are 2 steps
Biweekly- $987.76
Step 1: 987.76 x 26=25,681.76
Step 2: 25681.76 / 12= 2140.15
Their monthly income is $2,140.15
Remember there are 4 steps
Weekly Pay Checks
$131.07 $128.79
$139.10 $127.56
$133.48
Step 1: Add them all together= 660
Step 2: 660 / 5= 132
Step 3: 132 x 52= 6864
Step 4: 6864 / 12= 572
They make $572 a month
Income is 505.08
a. Insurance (5%)=
b. Gifts (7%)=
c.Entertainment (5%)=
d. Savings (8%)=
a.505.08x 5%= 25.25
b.505.08x 7%= 35.36
c.505.08x 5%= 25.25
d.505.08x 8%= 40.41
What percent of the net income of $15,753.97 is spent on each category?
a. Insurance= 2,515.41
b. Gifts= 1,406.13
c.Entertainment= 3,451.56
d. Savings= 2,004.45
a. Insurance= 2,515.41/ 15,753.97=16%
b. Gifts= 1,406.13/15,753.97=9%
c.Entertainment= 3,451.56/15,753.97=22%
d. Savings= 2,004.45/ 15,753.97=13%
Remember there are 2 steps
Biweekly- $589.25
Step 1: 589.25 x 26=15,320.50
Step 2: 15320.50 / 12= 1276.71
Their monthly income is $1,276.71
Remember there are 4 steps
Weekly Pay Checks
$302.01 $335.75
$317.75 $328.99
$297.48
Step 1: Add them all together= 1581.98
Step 2: 1581.98 / 5= 316.396
Step 3: 316.396 x 52= 16452.592
Step 4: 16452.592 / 12= 1371.05
They make $1,371.05 a month