Paycheck Math

Mya's net pay is $525/week. Her gross is $700. How much money is deducted from her paycheck each week?

• $525

• $125

• $175

• Nothing

Tags

CCSS.7.EE.B.3

CCSS.7.EE.B.4

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Sam's deductions add up to $112 a week. If her net pay is $425 a week, what is her gross pay?

• $112

• $313

• $425

• $537

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CCSS.7.EE.B.3

CCSS.7.EE.B.4

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Ruth earns $13.25/hour. She works 40 hours/week. $90.72 is deducted each week. What’s her net pay?

• $439.28

• $530

• $493.43

• $90.72

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CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

When making a budget, what figure should you use to predict how much money you have to spend?

• gross pay

• taxes

• benefits

• net pay

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CCSS.7.EE.B.3

CCSS.7.NS.A.3

CCSS.7.RP.A.3

Melinda’s gross pay is $570. If the Social Security tax is 6.2%, how much will she pay in Social Security?

• $4

• $3.53

• $35.34

• $23

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

YTD stands for

• Your Taco Deal

• Year to Date

SSN stands for

• Social Security Number

• Secret Santa Necktie

FICA tax includes

• Social Security and Medicare

• Federal taxes and State taxes

• Unemployment and Health care

Both an employee and employer are responsible for paying FICA tax

• True

• False

Federal taxes, state taxes and FICA tax are classified as

• Mandatory and standard deductions

• Voluntary deductions