Fred has an annual salary of $40,000.00. He is paid semi-monthly and his regular workweek is 40 hours. What is

Fred has an annual salary of $40,000.00. He is paid semi-monthly and his regular workweek is 40 hours. What is his regular salary per pay period?
A) $1,538.46
B) $1,458.33
C) $3,076.92
D) $1,666.67
E) $3,333.33

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