This insurance covers damage to other peoples car.
What is property damage
100
What is the term for money that individuals earn based on sales, for example authors , artists or musicians.
royalties
100
Tax deductions lower your
What is taxable income
100
What is the term for a home loan?
mortgage
200
A car left skid marks of 36 and 45 feet. He was driving on a road with a drag factor of .75 and his brakes were at 85% efficiency. What was his speed when he went into the skid.
What is 27.8 mph
200
You make $12.50 per hour. You can earn time and a half for each overtime hour. You worked 42 hours. What is your gross pay.
$537.50
200
What certificate gives an employee a yearly summary of taxable earnings, taxes withheld and more
W-2
200
What is the ratio of total monthly expenses over monthly gross income.
Back end or debt to income ratio
300
A car is purchased for $27,000 it straight line depreciates and loses all value after 12 years. What is the straight line depreciation equation for this situation.
y=-2,250x+27000
300
You work 40 regular hours last week, plus 7 overtime hours at time and a half. The gross pay was $611.05. What was the hourly rate?
$12.10
300
An exemption is an allowable amount that reduces a persons taxable income. Examples of an exemption are the taxpayers themselves and their dependents.
True or False
True
300
A room measures 16 ft. by 14 ft and has a 9 ft ceiling. It is well insulated (10) and faces the west (20). To the nearest thousand how large of an AC should you buy.
7,000 BTUs
400
A car gets 20 miles per gallon. You are going on a 750 mile trip. The average price of gas is $4.10. How much should you expect to pay.
$153.75
400
You contribute 18% of the total cost of your individual health care. This is a $67.50 deduction from each biweekly paycheck. What is the total value of the individual coverage for the year.
$9,750
400
Your tax rate is 25%. You reduced your taxable income by contributing $2700 to a flexible spending account. If her wages were $68000 how much did she save using the FSA.
$675
400
A moving company gave these two quotes:
3 hrs of loading and 2 hrs unpacking cost: $480
5 hrs of loading and 2 hrs unpacking cost: $680
What is the cost of per hour of loading and unpacking?
$100 loading $90 packing
500
In a data set quartile 1 is 210 and quartile 3 is 320. What is the boundary for the lower and upper outliers.
45 and 485
500
A pension pays 1.5% of the average salary for the last 5 years of employment for every year worked. The salaries for the last 5 years are $88,900, $92,200, $96,000, $98,000, $102,000.
$35,782.50
500
What does IRS stand for?
Internal Revenue Service
500
Your annual gross income is $135,511. your monthly mortgage is $1,233. The annual property tax is $9,400 and the annual insurance premium is $876. What is the front end ratio