Assuming the annual equivalent interest rate is 4.2%, it will take just over 81 months = 6 years + 9 months.
2 times If you figure there are 52 weeks in a year, bi-weekly means you get paid 26 times a year. Divide that by the number of months. So 12 goes into 26 twice which means you get paid 2 times each month with 2 months having 3 pay periods.
Since there are 12 months in a year (annually) the annual salary would be 12x1300 = 15,600
bi-weekly means every 2 weeks. There are 52 weeks in a year, so there are 52 ÷ 2 = 26 bi-weekly periods. Thus each period would be $55500 ÷ 26 ≈ $2134.62.
Based on 365 days per year, [365/7 (days per week) = 52.14 weeks per year] so 52 weeks per year, based on a bi-weekly period = 52/2 = 26 payments per year/12 (Months) = 2.17; therefore, take your monthly payment and divde that by 2.17. (Eg. a $400 monthly payment could be calculated as 400/2.17 = $184.11 bi-weekly.) With this in mind, understand that bi-weekly payments only give you the false impression that you are saving money. In an annual period it will still be the same cost.
Is ANNUAL an antonym for biannual?
Arizona and Hawaii
2-3 months
Bi-annual
It means twice a year. For example is held 'bi annually' it means that it is held twice a year.
bi monthly is once every two months.
14 months
4-5 months
4-5 months
$1730.77 Divide the annual salary by 26 to get bi-weekly, or 52 to get weekly.
You are looking for the words semi-annual, bi-annual, twice a year or seasonally.
The answer to this question is simple the affix of biannual is annual the suffix or prefix is bi