FA Budgeting Review

Ashlyn works for a marketing company. She earns $13 per hour, and she gets a $40 meal allowance every month. What is the linear equation that could be used to find her monthly pay rate? (Put your response in slope-intercept form y=mx+b)

Mathematical Equivalence

ON

Madi works 25 hours each week. At the end of 4 months (16 weeks), she has made $8800. How much does Madi make per hour? (Do not include the dollar sign in your response)

Mathematical Equivalence

ON

Ta'Shiya earns a $50,000 salary plus 10% commission on any sales over $20,000. Last year, Ta'Shiya made $35,000 in sales. What is the amount she will earn in commission? (Do not include a dollar sign with your response)

Mathematical Equivalence

ON

Ta'Shiya earns a $50,000 salary plus 10% commission on any sales over $20,000. Last year, Ta'Shiya made $35,000 in sales. How much did she earn in total? (Do not include a dollar sign with your response)

Mathematical Equivalence

ON

Select all responses that are fixed expenses.

• rent

• utility bill

• groceries

• insurance payment

Select all responses that represent financial benefits for a job.

• Working from home

• Paid personal leave

• Life insurance

• Company laptop

Last month, Allison spent a total of $3,523.19. Her fixed expenses were $1,254,98. What were Allison's variable expenses for the month? (Do not include a dollar sign with your response)

Mathematical Equivalence

ON

Select each response that represents a variable, discretionary expense.

• car payment

• fuel cost

• gym membership

• childcare payments

Asher has been thinking about saving for a used car. He already has $500, and he plans to save $375 every month.

To model his saving plan, he created an equation, where y represents the total amount saved for the car and x represents the number of months since he started saving. What is the equation that Asher used? (Give your answer in slope-intercept form, y=mx+b)

Mathematical Equivalence

ON

D'Naya must purchase a new disguise each month for her job at the CIA. What type of expense is this? (Select all that apply)

• Discretionary

• Non-discretionary

• Variable

• Fixed