Calculating Pay Periods and Income

You have a job earning 85.5k per year. How much is your weekly paycheck?

Mathematical Equivalence

OFF

Tags

CCSS.6.NS.B.3

Jaylen is considering two job offers. One offers $68.5k per year and the other offers $73k per year. What is the difference in monthly pay for these two jobs, rounded to the nearest dollar?

Mathematical Equivalence

ON

Tags

CCSS.7.EE.B.3

Shawna got a job through an employment agency. The job pays $48,900 per year. Shawna has to pay the agency a fee of 25% of her first month's pay. How much will she pay the agency?

Mathematical Equivalence

ON

Tags

CCSS.6.RP.A.3C

Suzanne just got a job making $93,500 per year. How much will Suzanne make each month? Round to the nearest cent.

Mathematical Equivalence

ON

Tags

CCSS.6.NS.B.3

Hector earns $12.50 per hour. Last week he worked his regular 40 hours for the week. What was his gross pay for the week?

Mathematical Equivalence

ON

Tags

CCSS.7.EE.B.3

If you earn $12.50 per hour for regular hours and get time and a half for overtime, how much do you make per hour for overtime?

• $18.25

• $18.50

• $18.75

• $19.00

Tags

CCSS.7.EE.B.3

Tasha earns $11.80 per hour for up to 40 hours per week. After 40 hours, Tasha gets an overtime pay of time and a half. How much money will Tasha make this week if she works 48 hours?

Mathematical Equivalence

ON

Tags

CCSS.7.EE.B.3

What is the difference between a salary and a wage?

• A salary is a fixed amount of money paid to an employee for a set period of time, while a wage is paid based on the number of hours worked.

• A salary is paid based on the number of hours worked, while a wage is a fixed amount of money paid to an employee for a set period of time.

• A salary and a wage are the same.

• A salary is the amount of money an employee earns per hour, while a wage is the total earnings for the year.

Tags

CCSS.RI.8.3

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

CCSS.RI.7.5

What does the term "withholding" mean in reference to your paycheck?

• It is the amount of your paycheck that you are NOT being taxed on.

• It is how much is being taken out of your paycheck in taxes

• It is how much you are going to owe the government when you file your annual tax return.

• It is how much you earn and includes salary, bonus, and commissions.

Tags

CCSS.RI.8.3

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

CCSS.RI.11-12.3

3. When do you start paying taxes?

• When you turn 18

• When you make more than the minimum income requirement

• When you get a full-time job

• When the IRS tells you to