Types of Pay
List the number of paychecks that correlate to each type of pay.
Biweekly
Semimonthly
Monthly
Biweekly - 26
Semimonthly - 24
Monthly - 12
Most sales people work for ___________ to supplement their regular pay.
commission
What variable does the Compound Interest formula include which the Simple Interest formula does not?
n
When creating a Zero-balanced budget, what is the order in which we take care of our Needs, Bills, Free Spending money, and Savings?
Bills
Needs
Savings
Free Spending
How many cats does Mrs. Loree have?
2
If Hailey makes $48,000 as her annual salary, how much money does she make on her semimonthly paychecks?
$2,000
Zach works on a farm picking berries during harvest season. If Zach makes 32 cents per basket he picks, and he picked 752 baskets this week, how much money did he earn this week?
BONUS JEOPARDY
This type of pay is called __________.
$240.64
Piecework Pay
Ashton has a small simple interest loan with the bank. If Ashton owes the bank $3,000 with a rate of 5%, how much Interest will he owe the bank back after 4 years?
$600
What is 2.5% as a decimal?
0.025
The word “PEZ” comes from the German word for what?
Peppermint
Julian is paid biweekly and makes $1346.15 per paycheck. What salary amount does Julian make?
BONUS JEOPARDY
What salary does Julian probably actually make?
$34,999.90
$35,000
Zane works for a dealership selling trucks. If Zane gets 12% commission on the total profit of the trucks he sells, and this month his profits totaled $40,250, how much money does Zane get to keep?
$4,862.40
Kyra just made $3,360 from a simple interest investment she had for 6 years with an interest rate of 8%. How much money did Kyra have in the investment to begin with?
$7,000
If Celtia makes $3500 a month, and 25% of her income goes to her rent bill, how much money does Celtia pay in rent each month?
$875
How many rings does Saturn have?
7
Tyler makes $15.50 an hour and earned a total of $1,054 before taxes on his paycheck this Friday. How many hours did Tyler work this pay period?
68
Raygan receives an hourly pay of $10 an hour but makes 8% commission on the furniture she is able to sell each month. This last month, Raygan worked 160 hours and sold $9,500 worth of furniture. How much was Raygan's paycheck this month with her hourly pay and her commission?
$2,360
For "compounds" list the number that goes with each key word.
Annually:
Quarterly:
Monthly:
Biannually:
Semiannually:
Annually: 1
Quarterly: 4
Monthly: 12
Biannually: 2
Semiannually: 2
Georgia makes $3600 per month and spends $1980 a month on bills. What percent of her monthly income is going to bills?
55%
How many sides does a tetradecagon have?
14
Brooke makes $45,000 and is paid biweekly. Sam also makes $45,000, but is paid semimonthly. How much more money does Sam make on her paycheck than Brooke?
$144.23 or $144.24
This month Nathan made $1,285.30 in commission from the sales he made for his company. If Nathan receives 10% of what he makes for the company, how much money did Nathan make for them in total?
$12,853.00
Using the Desmos calculator, solve the following problem.
Wyatt took out a business loan of $250,000 to help open his own ski lodge. If Wyatt's loan compounds monthly with an interest rate of 3%, how much money will Wyatt have paid back when he pays off his loan in 5 years?
$290,404.20 or $290,404.19
What percent of your budget should be spent on your rent/mortgage each month?
25 - 33%
What is Mrs. Loree's favorite color?
Orange