Personal Finance: Chapter Three Online Pre-Test

How many hours are in a regular work week?

• 30

• 40

• 50

• 60

Tags

PF.EI.2.3.A

PF.EI.2.2.A

PF.EI.2.1.C

You earn $17.90/hour and work 40 hours in one week. What will be your gross pay?

• $788.00

• $716.00

• $316.00

• $171.60

Tags

PF.EI.2.3.A

PF.EI.2.2.A

PF.EI.2.1.C

A sales person earns 11% commission on all sales. How much commission will they earn if they sell $3,025 worth of merchandise?

• $3,327.50

• $3, 000

• $332.75

• $33.28

Tags

PF.EI.2.3.A

PF.EI.2.2.A

PF.EI.2.1.C

If you earn $625 per week, what would be your annual pay before taxes?

• $7,500 per year

• $16,250 per year

• $2,500 per year

• $32,500 per year

Tags

PF.EI.2.3.A

PF.EI.2.2.A

PF.EI.2.1.C

Michael works in a supermarket. He is paid $20.80 per hour.

What is Michael's overtime pay rate?

• $20.80

• $22.80

• $28.00

• $31.20

Tags

PF.EI.2.3.A

PF.EI.2.2.A

PF.EI.2.1.C

Daniel has dinner at a restaurant and the cost of his meal is $28.00. Because of the good service, he wants to leave a 20% tip. What is his total bill including tip?

• $38.00

• $33.60

• $28.00

• $5.60

Tags

PF.EI.2.3.A

PF.EI.2.2.A

PF.EI.2.1.C

You order a meal for $40.84. What is the tip if you leave 20%?

• $40.84

• $20.84

• $8.17

• $4.08

Tags

PF.EI.2.3.A

PF.EI.2.2.A

PF.EI.2.1.C

This means every month.

• annually

• monthly

• biweekly

• weekly

Tags

PF.EI.2.3.A

PF.EI.2.2.A

PF.EI.2.1.C

This means every two weeks.

• annually

• monthly

• biweekly

• weekly

Tags

PF.EI.2.3.A

PF.EI.2.2.A

PF.EI.2.1.C

Many jobs offer you _________ for your family.

• certificates

• experience

• toys

• insurance

Tags

PF.EI.2.3.A

PF.EI.2.2.A