LA MINI FEST 7.2

"every first day of the month" is an example of what type of pay schedule?

• weekly

• bi-monthly

• monthly

• quarterly

What is your MONTHLY take home pay if it is calculated as 44 hours per week; where your hourly rate is $16 BUT for all hours above 40 the pay is 1.25 times as much (rounded to the nearest cent)?

• 37670.10

• $720

• 2833.45

• 3128.57

Which of these is NOT a neccessary expense

• transportation

• coffee

• shelter

• utilities

• If you spend $6.65 on lunch at Chick fl A three times a week, how much would you spend in a 16 week semester?

• 123.88

• 420.55

• 319.20

• 235.50

What is the annual costs of two cans of Pepsi everyday at $1.50 each (round to the nearest cent)? Use 365 days in a year

• $1095 per year

• 1250.50 per year

• 1095 per month

• 1250.50 per month

Your income per month is: $5,567.50

Your fixed income expenses include:

house payment: 1245.79

car payment: 540.90

utilities: 125.88

insurance: 140.25

cell phone/internet: 138.40

How much is left per month for variable expenses and luxuries?

• 3998.50

• 2956.90

• 3376.28

• 4796.44

Some "necessary expenses" are considered________, meaning that they can change from month the month

• fixed

• luxuries

• consistent

• variable

If you decided to take a position working an FSU Ambassador next year at a rate of $14 an hour and 15 hours a week. Calculate your monthly net pay if your bi-weekly paycheck of $325.50 (round to the nearest cent)

• 733.45

• 899.60

• 532.55

• 707.19

Fixed expenses include:

• car payment

• rent

• insurance

• all the above

A "Quarterly" pay schedule term looks like....

• Apr.2/Aug.2/Dec.2

• every monday and thursday

• Mar.2/June.2/Sept. 2/Dec.2

• every friday