Compensation Review Unit 1

The rate is given as a percent (%).  Before using it in the simple interest formula, you must first convert it to a______.

• fraction
• decimal
• ratio
• dollar amount

Tags

CCSS.7.RP.A.3

Write the percent as a decimal. 
4.3%

• 4.3
• .43
• .043
• 4300

What is income?

• The amount you spend

• The amount you don't save

• Money taken in

Tags

CCSS.5.NBT.A.3B

Carol Jones is a receptionist in a doctor’s office. She worked 35 hours this week. If her regular pay is $9.68 per hour, what is Carol’s gross pay?

• $438

• $338

• $35

Tags

CCSS.7.EE.B.3

Tonya Smith is a cashier at the local supermarket. She worked a total of 42.5 hours this week. If her regular pay is $8.25, what is Tonya’s gross pay?

• $360.94

• $330

• $350.63

Tags

CCSS.7.EE.B.3

Carol Jones is a receptionist in a doctor’s office. She worked 35 hours this week. If her regular pay is $9.68 per hour, what is Carol’s overtime pay rate

• $9.68

• $14.52

• $338.80

Tags

CCSS.6.NS.B.3

Natasha is a hairdresser. She earns $12.20 per hour.

How much will she earn in a week where she works 42 hours

• $512.40

• $488

• $524.60

Tags

CCSS.7.EE.B.3

Define minimum wage

• The minimum price firms are willing to pay for labor

• The minimum price unskilled workers are willing to supply their labor for

• The minimum price of labor set by governments in the labor market

• The minimum price of labor set by governments in the resource market

Natasha is a hairdresser. She earns $12.20 per hour.

How much will she earn in a week where she works 42 hours

• $512.40

• $488

• $524.60

Adam is working at Foot-Locker for an hourly wage of $15. If he worked 38 hours last week, what is his gross pay?

• $399

• $427.50

• $570

Tags

CCSS.7.EE.B.3