Financial Math Midterm Review

Front

__________________ is a fixed amount of money for each hour you work.

Back

Hourly rate

Front

The total amount of money you earn for a pay period at the regular hourly rate is called a(n) ____________________.

Back

straight-time pay

Front

The total amount you are paid during a pay period is often called __________________.

Back

gross pay

Front

When you work more than the regular number of hours this is called a(n) ________________________.

Back

overtime pay

Front

How many hours did Gwen work on Sunday?
   
              In          Out                  In          Out

Sun.      7:00 am  11:00 am   12:00 pm   4:00 pm

Back

8 hours

Front

Alysssa earned $465.60 for a week of work at a bakery. She worked a total of 40 hours. What is her hourly wage?

Back

$11.64

Front

Jose worked at the skateboard shop for 40 hours at his regular wage of $7.50. He then worked for 8 hours at his overtime wage of time and a half. What is the total amount Jose earned?

Back

$390.00

Front

How much will Samara be paid if she dries 16.4 pounds of apricots at $0.25 per pound?

Back

$4.10

Front

If Brenda's yearly salary as a skiing instructor is $43,550 what is her biweekly salary?

Back

$1,675.00

Front

If Sarah earns a $60,840 annual salary, what is her weekly salary?

Back

$1,170.00