Final for Financial Algebra

Josephine is looking for a new part-time job as a plumber. She responds to an ad for a position that pays $44.5K. What would her weekly salary be to the nearest cent if she gets this job?

• 44500

• 855.77

• 1711.54

• 927.08

Tags

CCSS.6.NS.B.3

Carole worked her 40 regular hours last week plus 5 overtime hours at the time-and-a-half rate. Her gross pay was $926.25. What is her regular hourly rate?

• 19.5

• 926.25

• 27.50

• 45

Tags

CCSS.6.NS.B.3

Tania earns $16 per hour at the Glendale Florist. She regularly works 40 hours per week. She is paid time-and-a-half for each hour of overtime work. Last week she worked 43 hours. What was her gross pay for the week?

• 712.00

• 960

• 1032

• 640

Tags

CCSS.7.EE.B.3

Paula is a freelance graphic artist who makes book covers for paperback novels. She is paid $500 per cover she creates. Last week it took her 36 hours to draw 4 covers. Based on this, what is her approximate hourly wage to the nearest $10.00?

• 50

• 60

• 55

• 10

Tags

CCSS.6.RP.A.3B

Anton works at First National Bank. His employer offers him a pension retirement plan which will be 1.45% of his average salary for the last five years of employment for every year worked. Anton is planning on retiring at the end of this year after 22 years of employment. His salaries for the last five years are $92,000; $92,800; $99,000; $100,500; and $105,000. Calculate Anton's pension.

• 97860.00

• 1418.97

• 489300

• 31217.34

Tags

CCSS.HSF.BF.A.2

The income part of a personal budget

• only includes money from a paycheck (job).

• includes all income from various sources.

• is the amount left over.

• is not important if it is large.

People keep a personal budget to help them

• buy anything they want

• buy with credit.

• earn promotions at work.

• set and reach financial goals.

Which of the following people would benefit MOST from a personal budget?

• David is saving for a major purchase.

• Sue spends less than she earns.

• Tim carefully keeps track of his expenses.

• Bob does not have enough money to pay bills.

Tags

CCSS.7.NS.A.1C

A budget is a list of

• needs and wants

• income and expenditures

• things to buy

• how much to save

A portion of the income of a person or a business that is not spent

• expense

• budget

• savings

• net income

Tags

CCSS.HSA-SSE.A.1A