FinAlg Exam Review 1
Quiz
•
Mathematics
•
9th - 12th Grade
•
Hard
+5
Standards-aligned

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18 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is take home pay?
overtime pay
gross pay
regular pay
net pay
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Use the tax schedule to calculate the tax for a taxable income of $100,000.
$5,975.00
$20,062.00
$43,600.00
$25,000.00
Tags
CCSS.8.F.B.4
CCSS.HSF.IF.B.6
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for a wage and tax statement?
Form W2
Form W4
Form 1099
Pay Stub
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Last week Sam worked 40 regular hours and 7 overtime hours at time and a half. What is her hourly rate if her gross pay was $611.05.
$12.05/hour
$13.00/hour
$12.10/hour
$18.15/hour
Tags
CCSS.7.EE.B.4A
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Katie is retiring after 27 years. Her last three year's salaries are 55K, 57.5K and 60K. If her pension will provide her with 1.5% of the average of her last three year's salaries for each of the years she worked, what is her pension?
$69,862.50 per year
$57,500.00 per year
$94,314.38 per year
$23,287.50 per year
Tags
CCSS.6.EE.B.6
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Calculate the balance at the end of six months for a savings account with $2,500 paying 3.5% simple interest.
$43.75
$2,870.50
$2,543.75
$875.00
Tags
CCSS.HSF.BF.A.2
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An employer-sponsored pre-tax cafeteria plan used to pay for certain medical expenses and child care is called a
flexible spending account
medical spending account
deferred cafeteria plan
individual retirement account
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