Question
9) Charles Nave, bank teller, has weekly earnings of $610. He is married and claims 3 withholding allowances. His deductions include FICA, Medicare, federal withholding,
9) Charles Nave, bank teller, has weekly earnings of $610. He is married and claims 3 withholding allowances. His deductions include FICA, Medicare, federal withholding, state disability insurance, state withholding, and credit union savings of $50. Find his net pay.
A) $463.21 B) $453.51 C) $425.49 D) $513.21
10) Suppose assembly line workers are paid as follows: 1-75 items assembled $0.50 each 76-125 items assembled $1.25 each 126 or more items assembled $1.75 each If Jared assembles 113 items, what are his gross earnings?
A) $56.50 B) $141.25 C) $85.00 D) $104.00
Solve the problem. Round to the nearest cent.
11) The list price of a keyboard is $597. If the series discount offered is 10/25/35, what is the net cost after trade discounts?
A) $417.90 B) $179.10 C) $335.07 D) $261.93
Find the net cost. Round to the nearest cent.
12) $1216 less 10/40/20
A) $364.80 B) $1146.00 C) $525.31 D) $304.00
Find principal to the nearest dollar, rate to the nearest tenth of a percent, or time to the nearest day. Use banker's interest.
13) Hargray Telephone earned interest on a $20,000 deposit in an account paying 3%. Find the number of days that the funds were on deposit.
A) 25 days B) 135 days C) 90 days D) 91 days
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