Financial Algebra Chapter 1 Quiz 3

Financial Algebra Chapter 1 Quiz 3

12th Grade

12 Qs

quiz-placeholder

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Financial Algebra Chapter 1 Quiz 3

Financial Algebra Chapter 1 Quiz 3

Assessment

Quiz

Mathematics

12th Grade

Hard

Created by

Luke Marvulli

Used 36+ times

FREE Resource

12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Zachary Olson works at Best Buy. He receives a weekly salary of $400 plus 4% commission based on his sales. Last year, he sold $500,000 worth of computer equipment. How much did Zach earn last year?

$20,000

$20,800

$40,800

$45,280

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Monique Garcia works for Avon part-time. She is paid a monthly commission. She receives 20% of the first 500 in sales and 10% of the balance of her sales. Last month she sold $850 worth of Avon makeup. How much commission did she earn last month

$100

$85

$185

$250

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Marcial Ybarra wrote the hunger game series that sells for h dollars each. He received a $50,000 bonus to write the book and receives a 10% commission on each book sold. Express the total amount of income he earns from selling b books algebraically.

$50,000

hb + $50,000

hb(.10) + $50,000

.10b + $50,000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Thurgood Jenkins worked Mr. Simely face (call him over to your place). His current salary is $30,000. when he was hired he was given 5 days vacation. For each year he works he gains another day of vacation. He has worked for just over 6 years. How many vacation days does Thurgood Jenkins get after the 6 years?
5 days
11 days
6 days
what's vacation?

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Isabella Carrillo contributes 20% of the cost of her individual health care. Her monthly deductible is $100. what is the total cost of her YEARLY individual coverage?

$500

$1,200

$6,000

$4,800

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

As part of their employee benefits, all workers at PG&E receive a pension that is calculated by multiplying the number of years worked by 1.875% of the 3 highest years worked by the number of years worked. John worked for PG&E for 30 years and his 3 highest years were $92,000, $94,800, and $96,250. Calculate Johns yearly pension
$53,071.88
$94,350
$1,769.06
$17,690.63

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cruz Alvarez works in construction framing houses. He gets paid d dollars per hour, plus $1,000 for each house he frames. Last week Cruz worked h hours and framed f houses. Write an expression for Cruz's total earnings.

1,000d + hf

dh + 1,000f

df + 1,000h

hf + 1,0000d

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