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If i will make 33,000 a year how much will i earn in a month 8 hours a day 5 days a week.

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13y ago

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Where can I find a bi-weekly mortgage calculator on the web?

This free online Biweekly Mortgage Payment Calculator will calculate the bi-weekly payment and the time and interest savings that will occur if you switch from .


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The difference between bi-weekly and bi-monthly payment schedules is the frequency of payments. Bi-weekly means payments are made every two weeks, while bi-monthly means payments are made twice a month.


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Multiply your bi-weekly paycheck by 26.


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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.


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Bi-weekly is every two weeks and bi-monthly is two payments every month. Because most months are more than 4 weeks the bi-weekly payment amounts to an extra payment over the period of a year. The total number of payments when paying bi-weekly is 26 whereas its 24 payments when paying bi-monthly.


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