1. **State the problem:** Calculate the monthly take-home pay if the take-home pay is 984.04 every other Friday, assuming 265 days in a year. 2. **Understand the pay frequency:** Getting paid every other Friday means you get paid once every 14 days. 3. **Calculate the number of pay periods in a year:** $$\text{Number of pay periods} = \frac{265}{14}$$ 4. **Calculate total annual pay:** $$\text{Annual pay} = 984.04 \times \frac{265}{14}$$ 5. **Calculate monthly pay:** There are 12 months in a year, so $$\text{Monthly pay} = \frac{984.04 \times \frac{265}{14}}{12}$$ 6. **Simplify step-by-step:** $$\text{Monthly pay} = 984.04 \times \frac{265}{14} \times \frac{1}{12} = 984.04 \times \frac{265}{\cancel{14}} \times \frac{1}{\cancel{12}}$$ 7. Calculate the exact value: $$\text{Monthly pay} = 984.04 \times \frac{265}{168}$$ 8. Compute the fraction: $$\frac{265}{168} \approx 1.57738$$ 9. Multiply: $$984.04 \times 1.57738 \approx 1552.44$$ 10. **Final answer:** The monthly take-home pay is approximately **$1552.44**.