Financial Math -- Lesson 1-4 Vocabulary

The amount of money paid for each hour of work.

• Hourly rate

• Overtime pay
• Commission rate
• Daily salary

Tags

CCSS.7.RP.A.1

CCSS.7.RP.A.2

CCSS.7.RP.A.3

The number of hours worked multiplied by the hourly rate

• Total earnings = Hourly rate - Number of hours worked
• Total earnings = Number of hours worked + Hourly rate
• Wages

• Total earnings = Hourly rate / Number of hours worked

Tags

CCSS.7.EE.B.3

CCSS.7.EE.B.4

CCSS.7.NS.A.2

CCSS.7.NS.A.3

Money earned by an employee in one year

• Annual wages

• Commission earnings
• Hourly rate
• Monthly wage

Tags

CCSS.7.RP.A.3

To judge the value of something without being exact.

• Calculate
• Estimate
• Assess
• Determine

An abbreviation for ante meridiem; the hours before noon

• MORNING
• NOON
• PM
• AM

An abbreviation for post meridiem; the hours after noon

• AM
• NOON
• MIDDAY
• PM

To express time in a form that is equal to the original; for example, 1 hour = 60 minutes

• Renaming Hours

• 1 hour = 45 minutes
• 1 hour = 120 minutes
• 1 hour = 30 minutes

Tags

CCSS.1.MD.B.3

A measure of time equal to 60 minutes

• minute
• day
• second
• hour

Tags

CCSS.1.MD.B.3

A measure of time equal to 60 seconds

• hour
• second
• day
• minute

Working time beyond a regular 40 hour work week

• Flex time
• Part-time work
• Paid leave
• Overtime