Calculating Net Income
To calculate your annual net income, you need to answer the following questions: 1) Are you paid weekly, 2) Bi-weekly, 3) Semi-monthly, (for example, on the 1st and the 15th) or 4) Monthly? 4Step #2: • If paid weekly, multiply your take home pay by 52 • If paid bi-weekly, multiply your take home pay by 26 ................
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