Payment Periods
How many days are there in a year?
365
If you get paid biweekly in the amount of $500, what is your annual gross salary?
$13,000
A CPA (accountant) working for a manufacturer gets a salary of $54,800. What is her gross monthly pay?
$4,566.67
How much will a clerk employed at $22.20 per hour earn for working 25 hours in a week?
$555.00
Emma gets paid $18.75 an hour.
Calculate Emma's overtime rate and her double-time rate.
Overtime = $28.13 per hour
Double time = $37.50 per hour
How many weeks are there in a year?
52
An Uber driver gets $905.60 every two weeks. What is his annual gross income?
$23,545.60
Marci gets a salary of $44,500. What is her gross monthly pay?
$3,708.33
Chloe is employed full-time is paid $834.95 per week. Calculate her hourly rate.
$20.87 per hour
Cohen gets paid $23.40 an hour. During one week he works 40 hours. What is Cohen's weekly wage?
$936
How many months are there in a year?
12
Change $1,125.40 every month to a gross annual income.
$13 504.80
A Systems Analyst earns a salary of $44,570. How much is her weekly gross pay?
$857.12
Lilli earns $545.68 for a full-time week. What is her hourly rate?
$13.64 per hour
Mariah gets paid $16.65 an hour working in a fast food restaurant.
During the Easter holidays, Mariah works a 45 hour week. How much does she get paid that week?
$790.88
16.65 x 40 = $666.00
16.65 x 1.5 = 24.98
24.98 x 5 = $124.88
How many biweekly payments are there in a year?
26
Tyler earns $472.50 per week. How much does he get a every two weeks?
$945
An experienced Preschool Director earns a salary of $69,913. What is her biweekly gross pay?
$2,688.96
Hedda, a part-time assistant childcare worker, is paid $18.46 an hour.
How much will Hedda earn if she works 28 hours?
She will earn $516.88, gross
Ambar needs to earn $500 a week to be able to pay her bills. She gets paid $11.89 per hour and works as a full-time Cashier at Bed Bath and Beyond.
How many hours of overtime must Ambar work to make $500 in a week?
2 hours of OT
$11.89 x 40 = $475.60 (needs $24.40)
OT rate: $17.84
How do you convert a weekly pay to a monthly income?
Multiply the weekly pay by 52 (weeks) then divide that by 12 (months).
Mary gets paid $895.40 a week. What is Mary's monthly income?
$3,880.07
A Computer Programmer earns a salary of $130,864. What is her gross bi-weekly pay?
$5,033.23
Jesse is a full-time Plasterer who works Monday through Friday and earns $552.80 per week.
If Jesse works 40 hours, calculate his hourly rate.
$13.82/hour
Blake is a full-time employee at Chik-fil-a. He needs to make $1,115 per week to meet all of his financial expenses. Blake gets paid $20.50 per hour.
What are the minimum number of overtime hours Blake must work to make the money he needs?
10 hours
$20.50 x 40 = $820
$1,115 - $820 = $295 (needs)
OT rate: $30.75
$295 / $30.75 = 9.6 or 10 hours