I start confusing myself when I start crunching numbers... can someone do it for me?
150/wk (weekly)
360/wk (bi weekly pay, so 720/bi wk)
How much do I make a month?
I start confusing myself when I start crunching numbers... can someone do it for me?
150/wk (weekly)
360/wk (bi weekly pay, so 720/bi wk)
How much do I make a month?
That does not make sense, 150 x 4 should be 600.
I'm not sure what that second line means. If your weekly pay is indeed 150, then your "bi-weekly pay", as in every two weeks, would be 2*150=300. Unless, of course, they're two different pays, in which case you could make it a bit clearer.
However, there are 5 workdays every week. There's an average of 21.5 workdays in a month (well, that's the number used in Finland for official stuff.) If your weekly pay is 150 currency, then your daily pay is 150/5=30 currency, and your monthly pay is 30*21.5=645 currency. If that bi-weekly pay is a different pay, then it would add up to 720/10=72 currency for daily pay, 72*21.5=1548 currency for monthly. A total of 645+1548=2193 currency monthly.
It depends, I guess, whether you use the 21.5 day average month calculation, or whether you do it like Fahrenheit has done below. Either way, every month does not have an even four weeks.
Last edited by mmoc3ff0cc8be0; 2014-06-27 at 01:33 PM.
Sorry for confusion, I get paid weekly with 1 job, and bi weekly with the other.
First Job is 150/wk
Second job is 360/wk but I get paid bi-weekly, so 360+360 = 720 every other week.
Rudimentary creatures of blood and flesh. You touch my mind, fumbling in ignorance, incapable of understanding.
You exist because we allow it, and you will end because we demand it.
Sovereign
Mass Effect
So basically you make 510 per week.
510/5*21.5=2193. Or 510*52/12=2210. Depending on how you want to calculate it. Then again, if you want to be accurate, you'll do it my way, but don't use the average, and instead use the actual number of workdays. For example, in June 2014 there are 21 workdays, not counting holidays. That'd make 510/5*21=2142 for the month of June 2014.
Last edited by mmoc3ff0cc8be0; 2014-06-27 at 01:36 PM.
Are these numbers before or after tax?
RIP Genn Greymane, Permabanned on 8.22.18
Your name will carry on through generations, and will never be forgotten.
360x52 = 18,720
150x52 = 7,800
Divide by 12
2,210
Last edited by mmocf6305105ff; 2014-06-27 at 01:41 PM.
Thank you all so much
Taxes can be calculated pretty accurately once you figure out the percentage taken from each check.
For me, it is 23% of my incomes is taken for taxes.
RIP Genn Greymane, Permabanned on 8.22.18
Your name will carry on through generations, and will never be forgotten.
The "multiply by weeks and divide by months" -method isn't accurate though, since every month does not have the same amount of weeks, or days. For example, January, July, October and December have 23 workdays (not including holidays), which is four weeks and 3 days, or 4 3/5 weeks. February 2014 on the other hand had an even four weeks, 20 workdays, and there are some months with 21 and 22 workdays.
I hope this ain't Euro, otherwise I want your job.
Edit: New York, Dollar. Still...
Rudimentary creatures of blood and flesh. You touch my mind, fumbling in ignorance, incapable of understanding.
You exist because we allow it, and you will end because we demand it.
Sovereign
Mass Effect
150/week * 52 weeks in a year /12 months in a year = $650/month on average.
360 biweekly * 26 periods / 12 months = $780/month on average
$650 + $780 = $1430 / month
- - - Updated - - -
Oh nonsense. If you're asking for a monthly rate, you want an average month. If you want more detailed than an average month, you'd need to know which month is in question and how many pay periods are in that month.
Last edited by Reeve; 2014-06-27 at 02:41 PM.
'Twas a cutlass swipe or an ounce of lead
Or a yawing hole in a battered head
And the scuppers clogged with rotting red
And there they lay I damn me eyes
All lookouts clapped on Paradise
All souls bound just contrarywise, yo ho ho and a bottle of rum!
I think the big questions is how do you make any money/month, without basic math skills?