Paychecks

Front

When money is taken out of your paycheck to pay your taxes it is called __________

Back

Deductions

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

Front

If your gross pay is $400.00 and your total deductions are $180.00 what is your net income?

Back

$220.00

Tags

CCSS.7.EE.B.3

Front

If you work 20 hours this week and make $12.00 an hour how much is your gross income?

Back

$240.00

Tags

CCSS.7.EE.B.3

Front

The money that you make for work you have done is called __________

Back

Income

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

Front

How do you calculate gross income?

Back

Hours Worked x Hourly Rate

Tags

CCSS.6.RP.A.3B

Front

What is Gross Income?

Back

The total amount of money earned before any deductions.

Front

What is Net Income?

Back

The amount of money you take home after deductions.

Front

What are Taxes?

Back

Money that is taken from your income to pay for government services.

Front

What is an Hourly Rate?

Back

The amount of money you earn for each hour of work.

Tags

CCSS.6.RP.A.1

CCSS.6.RP.A.2

Front

What are Deductions?

Back

Amounts taken out of your paycheck for taxes, insurance, etc.