2025 Spring Final Exam Financial Math

Pay the employee receives for the work performed.

• Gross Income
• Savings Account
• Debit Card
• base pay

Pay structure in which employees are paid every two weeks, often on a Friday.

• Unit pricing
• Savings Account
• Digital cash
• biweekly pay period

Percentage of the amount of a business transaction paid to a sales agent or broker.

• income
• Register
• Overdraft Protection
• commission

Automatic deposit of a person's paycheck into his or her checking account.

• Contract
• direct deposit
• Self-employment Tax
• Simple Interest

Pay that comes from a person's work.

• earned income
• Warranty
• Medicare
• Debit Card

Person or company who hires a person and pays him or her for work done.

• employer
• Sales tax
• Installment plan
• Tip

Person who starts a business venture and assumes the risk of its success or failure.

• Debit Card
• Outstanding Check
• entrepreneur
• payroll

Employee's total pay before deductions.

• dependent
• independent contractor
• W-2 Form
• gross pay

Amount of money paid for each hour worked.

• Standard Deduction
• deduction
• Register
• hourly wage

Money received by a person or company.

• Layaway plan
• income
• unearned income
• oral contract