finance test review chapter 1

Calculate the pay earned based on the wage and the hours worked if you work 4 hours a day at $21.00 per hour.

• $21.00

• $84.00

• $90.00

• $80.00

Jenny worked 5 hours overtime earning time-and-a-half. If she normally earns $23.50 an hour, how much overtime pay did she earn?

• $176.25

• $117.50

• $235

• $35.25

An accountant receives a yearly salary of $72,000.  Find his monthly salary.

• $6000.00
• $864,000.00
• $600.00

Compute the sales commission:
Amount $4,500.00
Rate 5%

• $225.00
• $250.00
• $125.00
• $230.00

Jill earns $0.53 for each pair of pants she sews. If she made 240 pairs of pants, how much did she earn?

• $217.20

• $172.20

• $127.20