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Financial Algebra Ch. 6 Test Part 1

Authored by Cindy Gilmore

Other

11th - 12th Grade

Used 2+ times

Financial Algebra Ch. 6 Test Part 1
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10 questions

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1.

FILL IN THE BLANK QUESTION

3 mins • 1 pt

Mr. Claypool took a job through an employment agency. The job pays $65K per year. He must pay a fee to the employment agency. The fee is 18% of his first four weeks’ pay. How much money must Mr. Claypool pay the agency?

2.

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3 mins • 1 pt

Mr. Bingham is paid semimonthly. His annual salary is $30,192. What is his semimonthly salary, rounded to the nearest cent?

3.

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3 mins • 1 pt

Arin owns Clevenger Construction. He needs a welder and is placing a seven-line classified ad. The cost of an ad that is x lines long is given by the following piece-wise function. Find the cost of a seven-line ad.
 c(x) = 48 when x 5 and 48 + 5(x  5) when x >5c\left(x\right)\ =\ 48\ when\ x\ \le5\ and\ 48\ +\ 5\left(x\ -\ 5\right)\ when\ x\ >5  

4.

FILL IN THE BLANK QUESTION

3 mins • 1 pt

Julia works at a local Quaker Steak restaurant. Her regular hourly wage is $10.25. She regularly works 40 hours per week. What is her regular weekly pay?

5.

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3 mins • 1 pt

Julia works at a local Quaker Steak restaurant. Her regular hourly wage is $10.25. Julia receives time-and-a-half pay for all hours worked over 40 in one week. What is her overtime rate?

6.

FILL IN THE BLANK QUESTION

3 mins • 1 pt

Julia works at a local Quaker Steak restaurant. Her regular hourly wage is $10.25. She is paid time and a half for any overtime hours. If she works 52 hours in one week, what is her total gross pay for the week?

7.

FILL IN THE BLANK QUESTION

3 mins • 1 pt

Julia works at a local Quaker Steak restaurant. Her regular hourly wage is $10.25. She is paid time and a half for any overtime hours. If she works 52 hours every week of the year, what is her annual salary?

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