How much money does an employee working for a salary of $50,000 per
year get paid every two weeks?
A. $50,000 per two weeks
B. $1,923 per two weeks
C. $961 per two weeks
D. $4,166 per two weeks

ow much money does an employee

working for a salary of $50,000 per

year get paid every two weeks?

A. $50,000 per two weeks

B. $1,923 per two weeks

C. $961 per two weeks

D. $4,166 per two weeks

Step-by-step explanation:

this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of