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Question
true or false: if you get paid $65,500 annually, you make $5,458.33 monthly.
true
false
Step1: Calculate monthly pay
To find the monthly pay, divide the annual salary by 12. The formula is $\text{Monthly Pay} = \frac{\text{Annual Salary}}{12}$.
Substitute the annual salary of $65,500$ into the formula: $\frac{65500}{12} \approx 5458.33$.
Step2: Compare with given value
The calculated monthly pay is approximately $5,458.33$, which matches the given value.
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True