Financial Vocabulary

How many paychecks do you receive in a year if you are paid bi-weekly?

• 24

• 26

• 12

• 22

Tags

CCSS.6.RP.A.3B

Who completes a W-4 form?

• Employee

• Employer

• IRS

• My Mom

How many paychecks do you receive annually if you are paid semi-monthly?

• 52

• 26

• 22

• 24

Tags

CCSS.6.RP.A.3B

If you earn $48,000/yr, what do you earn per month?

Tags

CCSS.6.RP.A.1

CCSS.6.RP.A.2

What kind of tax system applies the same percent to every salary?

• Progressive

• Regressive

• Proportional

• Income

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

Is your Gross Pay your pay before or after taxes?

Tags

CCSS.7.RP.A.3

If you earn $12/hr for a normal work day, what would you earn if offered time-and-a half for overtime?

• $18

• $15

• $24

• $12.50

Tags

CCSS.6.RP.A.3B

Which of the following is a variable expense?

• unlimited phone plan

• loan payment

• rent

• groceries

Tags

CCSS.7.EE.B.4