Semi-Monthly Income Example 2
On 05/16, Harry reports starting a new job on 05/15. Harry verifies the following:
●Pay dates are on the 1st and the 15th.
●The first paycheck will be received 06/01.
●Harry will work 20 hours per week.
●The rate of pay is $6 per hour.
20 x $6 = $120 (Manually convert)
$120 x 2.15 = $258 (Manually convert)
Key the following on EAIC:
Press ENTER. AZTECS averages and converts to a monthly amount.
Harry's income for June and ongoing is $516.