Paychecks
What is Gross Pay?
Total earnings before deductions.
what does FICA Stand for?
Federal Insurance Contributions Act.
What is a budget?
A plan for managing income and expenses.
What is the amount of money deposited into or available in a bank account called?
The account balance.
Who plays the main character: Eddie Morra?
Bradley Cooper.
You earn $12 per hour and work 15 hours. What is your gross pay?
$180.
If FICA is 7.65% of $600 in wages, how much is withheld?
$45.90.
A $50 item is discounted by 20%. How much do you save?
$10.
You have $250 in your account and spend $68. What is your new balance?
$182.
What is Eddie's job at the beginning of the movie?
He is a strugggling writer.
You earn $16 per hour and work 10 overtime hours at time-and-a-half. What is your overtime pay?
$240.
Using a 3.07% flat state income tax rate, how much tax is withheld from $1,084.62 in taxable wages?
$33.30.
How much simple interest does $500 earn at 4% annually for 2 years?
$40. Interest = principal × rate × time.
You deposit $1,000 into an account earning 5% simple interest annually. How much interest do you earn in one year?
$50.
What is the name of the fictional drug that changes Eddie's life?
NZT-48.
You earn $14 per hour for 40 regular hours and 5 overtime hours at time-and-a-half. What is your total gross pay?
$665.
What type of tax takes the same percentage of income regardless of income level?
A proportional tax.
An item costs $75 before 8% sales tax. What is the total cost?
$81.
A $120 jacket is marked down by 25%. What is its sale price before tax?
$90.
Which actor plays the powerful businessman Carl Van Loon?
Robert De Niro.
Your gross pay is $800. You have $61.20 in FICA, $24 in state tax, and $35 in other deductions. What is your net pay?
$679.80.
You earn $2,500 and have $200 in eligible pretax deductions. What is your income subject to tax before other adjustments?
$2,300.
You borrow $1,200 and repay $125 monthly for 12 months. How much interest do you pay if there are no additional fees?
$300. Total repaid ($1,500) − principal ($1,200).
You earn $2,000 per month and spend $650 on rent, $300 on food, $150 on transportation, and $200 on other expenses. How much money remains?
$700.
What major political office is Eddie running for near the end of the movie?
The United States Senate.