Wages & Earnings
This is the formula used to calculate wages.
What is hourly rate × hours worked?
This is what “time-and-a-half” means.
What is 1.5 × the normal rate?
This is the formula for simple interest.
What is I = Prn?
This is the what net pay is.
What you take home, after tax.
This planet is closest to the Sun.
What is Mercury?
A student works 20 hours at $15/hour. This is their pay.
What is $300?
This is what “double time” means.
What is 2 × the normal rate?
This is the simple interest on $1000 at 5% for 1 year. (I = P x r x n)
What is $50?
This is the difference between gross and net pay.
What is gross pay − deductions?
This is the largest ocean on Earth.
What is the Pacific Ocean?
Someone earns $210 for 30 hours. This is their hourly rate.
What is $7/hour?
A worker earns $20/hour and works 4 overtime hours at time-and-a-half. This is their overtime pay
What is $120?
This is the simple interest on $2000 at 4% for 2 years. (I = P x r x n)
What is $160?
A worker earns $1000 and has $250 in deductions. This is their net pay.
What is $750?
This country has the most population in the world.
What is India?
A worker earns $22/hour for 6 hours a day, 3 days a week. This is their weekly pay.
What is $396?
A worker earns $30/hour and works 5 hours at double time. This is their overtime pay.
What is $300?
$1000 becomes $1150 after 3 years. This is the interest earned.
What is $150?
This government deduction is taken from wages in Australia.
What is PAYG tax?
This is the fastest land animal.
What is a cheetah?
This is why monthly pay cannot be directly divided by 4 to get weekly pay.
What is months have different numbers of weeks?
This is the formula (rule) for total pay with overtime.
What is normal pay + overtime pay?
This is the shape of a simple interest graph.
What is a straight line (linear)?
This is why two people with different incomes do not pay the same amount of tax.
What is different tax brackets?
This scientist proposed the equation E = mc².
Who is Albert Einstein?