Essentials of Math IV -Final exam

Front

What factors determine the amount of car insurance coverage?

Back

The amount of coverage depends on the car's value, whether you own it, and how much it will cost to fix your car.

Front

What is the overtime hourly rate if the regular hourly rate is $8.20 and the pay is Time-and-a-Half?

Back

The overtime hourly rate is $12.30.

Front

Do all 50 states require car insurance?

Back

False, not all states require car insurance.

Front

How do you calculate total pay for a dental hygienist who worked 38 hours and 5 hours overtime at $27.00 per hour?

Back

Total pay = (38 hours * $27.00) + (5 hours * $40.50) = $1,228.50.

Front

If Gilbert paid $28 for 7 golf balls, how much did he pay for 1 golf ball?

Back

Gilbert paid $4 for 1 golf ball.

Front

What is Time-and-a-Half pay?

Back

Time-and-a-Half pay is 1.5 times the regular hourly rate, typically paid for overtime work.

Front

How do you find the unit price of an item?

Back

To find the unit price, divide the total cost by the number of items.

Front

What is the formula for calculating total pay including overtime?

Back

Total Pay = (Regular Hours * Regular Rate) + (Overtime Hours * Overtime Rate).

Front

What is the definition of car insurance?

Back

Car insurance is a contract between the car owner and an insurance company that provides financial protection against physical damage or bodily injury resulting from traffic collisions.

Front

What does it mean to own a car in terms of insurance?

Back

Owning a car means you are responsible for insuring it, which can affect the type and amount of coverage you need.