Calculating Pay
If John's total salary at the end of the year is 12,000, how much did he make a month?
$1,000
When you use a debit card where does the money come out of?
Checkings Account
Annual = 56,756 = ___ weekly
$1,091.46
Marco works 45 hours and makes $6.78 per hour, with double pay over 40 hours. Marcos gross pay is =
$339.00
What does APR stand for?
Annual Percentage Rate
Regular hours worked: 40
Overtime hours worked: 8
Regular rate of pay: $7.75 per hour
$403.00
True or False when you use a credit card it comes straight out of your account
False
Cameron makes $9 an hour and works 40 hours a week. How much does he make bi-weekly?
$720.00
13 hours at $6.26/hour with double time over 10 hours. Gross pay=
$100.16
What is the thing you can buy stocks in and invest?
Stock Market
Annual pay: $22,200. Calculate monthly pay.
$1,850.00
Is it preferable to have a credit card with a high interest rate or low interest rate?
Low interest rate
Brendan's annual salary was $472,000. How much did he make monthly?
$39,333.33
52 hours at $9.00/hour with double time over 40 hours. Gross pay=
$576.00
What is charged when you don't pay your credit card bill on time?
Interest.
Brittany Monroe is a legal secretary. Her biweekly salary is $1,650.00. What is her annual salary?
$42,900.00
How do you increase your credit score?
Pay your bills on time, improve credit utilization. monitor your credit
If Cameron makes 4,500 a month. How much will he make in a year?
$54,000
10.5 hours at $9.00/hour with double time over 8 hours. Gross pay=
$117.00
What is a card that when you use it to pay it instantly comes out of your checking account?
Debit Card
Henry Scott is a defense attorney. He is paid a salary of $87,944.00 per year. Henry is paid on the 15th of every month. If today is June 20, how much money has Henry earned so far this year
$43,972.00
Elena is in her first year of college, living away from home on the college’s campus. Her parents pay for room and board, and she’s got loans, grants, and scholarships to pay for tuition. She has her own checking and savings accounts and a 10-hour per week work-study job. She doesn’t have any credit cards right now. Should she open a credit card?
Yes. ( explanation along the lines of, she isn't tied down to anything and her parents are helping so she can build a good credit score.)
Harry Fup works 43 hours every week. His weekly salary is $397.75. How much does Gayle earn per hour?
$9.25
45 hours at $6.38/hour with double time over 40 hours. Gross pay=
$319.00
What is a card that you don't pay right away?
Credit Card