Net Pay

The total amount you earn BEFORE any deductions are subtracted is called __________ pay.

• Bonus
• Gross
• Incentive
• Net

Annual salary is the amount of money you are paid..

• Monthly
• Semi-Monthly
• Bi-Weekly
• Yearly

Tags

CCSS.6.RP.A.3B

Net income is:

• the total amount of money you earn before deductions.
• the amount of money you receive AFTER deductions are subtracted from your gross income
• a debt or money that is owed to someone.
• the hourly rate of pay

Gross income minus deductions equal your net income.
If Amorelle made $384 in gross income and her deductions are $122, what is her net income?

• $506
• $406
• $262
• $266

Tags

CCSS.3.OA.D.8

Dayanara's gross income was $550.  What was her net income if her deductions were $110 for payroll taxes and $22.50 for health insurance?

• $132.50
• $417.50
• $440.00
• $638.50

Tags

CCSS.6.NS.B.3

Yvonne's gross income:  $703
Yvonne's deductions:  $251.18
Yvonne's net income:  ?

• $451.82
• $551.82
• $954.18
• $25,812.00

Tags

CCSS.6.NS.B.3

Some deductions are required by law, but others are optional.

• True
• False

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

Which of the following is not a required deduction?

• Federal Income Tax
• Savings Deposits
• State tax
• Social security Tax

If she has a GROSS PAY of $896.50, and she has 30% withheld for taxes, social security, and retirement plus $15 for insurance, how much is her TAKE HOME PAY for the week?

• $612.55
• $850.00
• $650.00
• 500.00

Tags

CCSS.6.RP.A.3C

Rate x Hours = Total

• The total is = $2460

• The total is = $1990

• The total is = $2280

• The total is = $3040