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WorksheetsPaycheck/Interest TEST
Total questions: 21
Worksheet time: 1hrs 5mins
Dash puts $4125 into an account using compounded continuously. If he keeps the money in the account for 5 years and now has a total of $4193.89. What is the interest rate?
0.033%
0.025%
0.053%
0.052%
Damara invests $3500 at 2% compounded continuously for 5 years. How much will she have in her account after 5 years?
$3868.10
$3886.10
$3688.10
$3286.10
Abhasra invests $8,911 in a retirement account with a fixed annual interest rate of 7.71% compounded continuously. What will the account balance be after 20 years?
$41,649.38
$51,649.38
$61,649.38
$71,649.38
Interest Rate: 3.75%
Time: 25 years
Compounded Monthly
State the future account balance.
Elizabeth earns $2200.00 per month. She wants to put 15% into savings each month. How much should she deposit into her savings account?
$1870
$330
$2530
$150
Your bill at a restaurant is $52.00. You want to leave a 20% tip, so how much should the tip be?
$5.20
$62.40
$10.40
$20.00
Blondes account for 13% of the students at Old High. If there are 1200 students enrolled, how many have blond hair?
130
13
1044
156
Being paid $123,000 a year is the same as $__________ weekly.
$2365
$3265
$1478
$8871
Being paid $76,000 a year is the same as $__________ weekly.
$1461
$2238
$6333
$875
Being paid $725 bi-weekly is the same as $_________ weekly.
$362
$1450
$2900
$175
Being paid $1200 bi-weekly is the same as $_________ weekly.
$600
$2400
$400
$62,400
Being paid $3755 monthly is the same as $_________ annually.
$45,060
$15,020
$1,877
$53,275
Being paid $7349 monthly is the same as $_________ annually.
$88,188
$32,578
$3,485
$132,872
Harry has $64.28 in his checking account. During the week he goes to the ATM and withdraws $20. Harry is charged a usage fee of $2.50 for using the ATM. The next week he deposits his paycheck of $243.82. He writes two checks: one for $55.37 and the other for $17.31. What is the current balance in Henry’s checking account?
$212.92
$183.82
$321.76
$198.47
Which tends to be a 'larger' amount of money? Gross or Net Pay?
Gross Pay
Net Pay
How can we calculate Net Pay?
Gross Pay + Deductions
Gross Pay - Deductions
Gross Pay x Deductions
Gross Pay / Deductions
David's gross income: $127.25
David's deductions: $25.20
David's net pay: ?
$102.05
$102.45
$112.05
$152.45
Ruth earns $13.25/hour. She works 40 hours/week. $90.72 is deducted each week. What’s her net pay?
$439.28
$530
$493.43
$90.72
Rachel works as a police officer and makes $23.97 er hour. Rachel works 43 hours each week. Calculate the gross pay per year.
$10,307.10
$7,214.97
$53,596.92
$1,030.71
