What's in a paycheck?
How many times a year does someone get paid if they are paid biweekly?
What is 26 times
Beth deposits $6,000 in an account that earns 3% annual interest. How much is in the account after 3 years if the interest is compounded semiannually?
What is $6,560.66
Marilyn purchased 1,500 shares of stock for $25.43 per share. She sold them for $44.10 per share. What is her capital gain or loss in dollars?
What is $28,005 Loss
Sarah is taking out a 6-year loan for $17,290. If she has an APR of 7.5%, what is the monthly payment?
What is $298.95
Using the following table, calculate the taxes owed for a single taxpayer earning $23,872
What is $3,179.55
In 2000, Social Security tax was 6.2% of income up to $76,200 and Medicare tax was 1.45%. If Nick earned $64,525 in 2000, how much did he pay for both taxes?
What is $4,936.16
Linda and Rob open an online savings account that has a 3.6% annual interest rate, compounded monthly. If they deposit $1,200 every month, how much will be in the account after 10 years?
What is $173,022.87
According to the stock ticker, 4.1K@$3.81, what is the value of the trade?
You purchase an item for $3500 with 10% down. You finance the balance with a 2-year installment loan with an APR of 8%. Find the monthly payment and finance charge.
What is $142.47
Greg is married, filing jointly, with a taxable income of $94,750. His employer withheld $14,209 in federal taxes. Should he get a refund or does he owe the government money? How much?
What is $2,166 Owed
Allison sells cosmetics part-time and is paid a monthly commission.
She receives 11% of her first $900 in sales and 17% of the balance of her sales.
Last month she sold $1,250 worth of cosmetics. How much commission did she earn last month?
What is $158.50
A car exponentially depreciates at a rate of 6% per year. Beth purchased a 5-year old car for $18,000. What was the original price of the car when it was new?
What is $24,526.37
Nick and Matt are the partners in a local health food store. They needed $73,000 to start the business. They invested in the ratio 3:7. What percent of the business do they each own? How much money did each invest?
What is 30%/$21,900 and 70%/$51,100
Lewis wants to take out a $14,000 loan with a 6.8% APR. He can afford to pay no more than $400 per month for loan payments. What would the length of his loan be, rounded to the nearest tenth?
What is 3.2 years
Amber earns $13/hour and works 40 hours/week. Her biweekly deductions are:
Social Security 6.2%
Medicare 1.45%
federal withholding tax $83.25
state withholding tax $32.50
health insurance $47.47.
What is her net pay if she is paid biweekly?
What is $797.22
Ryan contributes 18% of the total cost of his individual health insurance. This is a $67.50 deduction from each of his biweekly paychecks, and his employer pays the rest. How much does Ryan pay total?
What is $1,755
Joe wants to rent an apartment with an initial monthly rent of $1,400. He has been told that the landlord raises the rent 1.25% each year. What will he pay in 12 years?
What is 1604.99
Laura bought 55 shares of stock for $3.50 per share last year. She paid her broker a 1% commission.
She sold the stock this week for $2 per share, and paid her broker a $10 flat fee.
What was her capital gain/loss?
What is -$94.43 OR $94.43 Loss
Rebecca pays a finance charge on her average daily balance of $1,441.60. If her APR is 18%, what is her finance charge?
What is $2,162.40
Kathy and Kirk are married and have a combined income of $102,678. They have 1099 forms which report $1,300 in income. They also have $3,890 in rental property income and $20,897 in itemized deductions. What is their Adjusted Gross Income?
Patrick works at a printing company and earns $11.35 per hour. He earns time-and-a-half after 40 hours. If he worked 48 hours in one week, what was his gross pay?
What is $590.20
Josh wishes to purchase a new car for $30,000 and plans to put $4,500 down. If he takes out a 5-year installment loan with an APR of 5.5%, what will his total interest be?
What is $4,382.09
According to the table, what was the closing price on June 19th for AT&T, Inc?
What is $35.15
How many days are in September?
What is 30 days
Using the following table, what is the equation for the tax table for a single individual who makes $105,000?
What is 0.28x - $6,928.75