Wednesday BMath Review (2/3/21)

The total amount you earn BEFORE any deductions are subtracted is called __________ pay.

• Bonus
• Gross
• Incentive
• Net

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Yvonne's gross income:  $703
Yvonne's deductions:  $251.18
Yvonne's net income:  ?

• $451.82
• $551.82
• $954.18
• $25,812.00

Tags

CCSS.6.NS.B.3

Dayanara's gross income was $550.  What was her net income if her deductions were $110 for payroll taxes and $22.50 for health insurance?

• $132.50
• $417.50
• $440.00
• $638.50

Tags

CCSS.6.NS.B.3

Cassandra has an insurance premium of $6800 a year.  Her employer pays 75%. She receives her pay in 24 pay periods. What is her deduction per pay period?

• $5100
• $212.75
• $1700
• $70.83

Tags

CCSS.6.RP.A.3C

Denny earns $255.20 a week.  The Social Security Tax rate is 6.2%, Medicare tax is 1.45% of gross pay.  How much is withheld for each?

• SS=$12.47, M=$2.70
• SS=$15.82, M=$3.70
• SS=$13.97, M=$3.41
• SS=$15.82, M=$24.25

Zach's parents put $1,500 in her bank account for college tuition. At an interest rate of 8.25% compounded semi-annually, what will be the balance after 18 years?

• $6,273.50

• $6,314.08

• $6,385.72

• $6,427.94

Tags

CCSS.7.RP.A.3

Wilson Green sells home security systems. He earns an 11 percent commission on every system he sells. Wilson’s sales for this month totaled $4265. What is Wilson’s commission?

• $18,750

• $46,915

• $4,691.50

• $387.72

Tags

CCSS.6.RP.A.3C

Bill Granger is a parts clerk. He worked a total of 46.25 hours from Monday to Friday this week. If his regular pay is $12.75 per hour, how much overtime pay did Bill earn?

• $19.13

• $119.56

• $589.69

Tags

CCSS.7.NS.A.3

Peter Williams earned gross income of $76,124 last year. During the year, he made monthly payments of $250 into an approved retirement plan. What was his adjusted gross income last year?

• $73,124

• $75,874

• $74,624

• none of the above

Tags

CCSS.4.OA.A.3

Total earnings BEFORE payroll deductions

• gross income

• net income

• state income

• federal income

Tags

CCSS.6.RP.A.3B