Financial Algebra - Employment Basics Review

The amount of money a job pays is referred to as ________.

• compensation

• opportunity cost

• cash inflow

• net pay

Your choice of career path will affect how much income you earn, how much education you need to get, and how much you'll need to pay for your education.

• True

• False

Tags

CCSS.6.EE.B.6

Though education is costly, it is usually an excellent investment that pays off in a higher income for decades.

• True

• False

Tags

CCSS.HSF.IF.A.2

Soleil has just finished her two-year associate's degree and is comparing two job offers she has received. The first job pays $14 per hour and would require her to work 37 hours per week with one week of paid vacation. The second job offers a straight salary of $23,500 per year. Which job would pay Soleil more?

• The first job would pay more: $26,418

• The first job would pay more: $26,936

• The second job would pay more.

• The first job would pay more: $27,454

Tags

CCSS.8.F.A.2

CCSS.HSF.IF.C.9

Which of the following would be most likely to be an unpaid position?

• apprenticeship

• internship

• assistant

• part-time employee

Tags

CCSS.6.EE.B.8

The larger an applicant pool is for a type of job, the easier it is to get that job.

• True

• False

Tags

CCSS.6.EE.A.2C

Danny just answered a help-wanted ad. The ad states that the job pays $27K annually. What would Danny's monthly salary be if he gets this job?

• $324,000

• $27

• $2,250

• $519

Tags

CCSS.6.EE.B.7

Becky is looking for a new job as an account executive. She responds to a classified ad for a position that pays 34.5K. What would Becky's weekly salary be to the nearest cent, if she gets this job?

• $718.75

• $1,794,000

• $2,875

• $663.46

• $1326.92

Tags

CCSS.6.EE.B.7

Roger wants to have 400 copies of his resume printed. His local print shop charges $21.50 for the first 200 copies and $10 for every 100 additional copies. How much will the 400 copies cost, including a sales tax of 6%?

• $41.50

• $43.99

• $43

• $45.58

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.REI.B.3

CCSS.HSA.CED.A.2

Mike is a veterinarian. He is placing a 9-line classified ad for an assistant. The piecewise function above gives the price of an x-line ad. What is the cost of the ad?

• $45

• $123

• $99

• $135

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.REI.B.3

CCSS.HSA.SSE.A.1

CCSS.HSA.CED.A.3