Income Notes

Income Notes

Multiple Choice

Money you earn from working

• Income

• Paycheck

• Gross Pay

• Net Pay

Multiple Choice

How you get that money you worked for

• Income

• Paycheck

• Gross Pay

• Net Pay

Multiple Choice

Length of time between paychecks.

Example: Can be twice a month, once a month, or once a week. 

• Rate

• Pay period

• Paycheck

• Deposit

Multiple Choice

How much you earn per hour of working. Also called "wage"

• Income

• Deposit

• Gross Pay

• Rate

Fill in the Blanks

If you work 38 hours one week, and get paid $570 before taxes, how much do you make per hour?

Multiple Choice

If you worked from 8:30 am to 12:00 pm, took a break, and came back at 1:00 pm and left for the day at 4:30 pm, how many hours did you work?

• 5.5 hours

• 7 hours

• 6.5 hours

• 9 hours

​Overtime

​Overtime is the amount of pay for employees who worked over 40 hours. By federal law, employers are required to pay employees 1.5 times their regular rate.

Open Ended

If you make $10 per hour, how much would you get paid per hour for overtime?

Fill in the Blanks

When you put money in your account at the bank, what is it called?

Multiple Choice

Money you earn BEFORE taxes are taken out. 

• Gross Pay

• Net Pay

Multiple Choice

Money you earn AFTER taxes are taken out.

• Gross Pay

• Net Pay

Open Ended

What does income have to do with math?

Fill in the Blanks

If you work 45 hours, how many hours are overtime?