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Using table 1,2 and 3. Solve these questions 12915 208 Langdon linc Documentl- Word ELAYOUT REFERENCES MAILINGS REVIEW VIEW 2:. IlNormal x. AA- 1NoSpac Heading

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12915 208 Langdon linc Documentl- Word ELAYOUT REFERENCES MAILINGS REVIEW VIEW 2:. IlNormal x. AA- 1NoSpac Heading i Heading 2 Tit Styles Paragraph J.Johnny checks for dented cans in a cannery factory. He receives $o.15 for each can he inspects. if he inspects 1,400 cans per day. Johnny works five days a week. What is his gross daily earnings? a)$1,050.00 b)$210.00 C)$1,470.00 d)$510.00 2. George charges a TV that retails (cash price) for $469.00. The payments are for 12 months. The installment price is $503.00 with no down payment. What is the finance charge?AlS41.50 b)$41.92 c)$34.00 d)$31.00 3. using Table 13-2-Find the compound interest on $2.500 at .7S% interest compounded daily by the Leader Financial Bank for 20 days. A)$1.03 b)S10.30 c)$1.02 D)S6.31 4. Peggy Sue is single, earns $1,987.00 weekly and claims 3 withholding allowances. What is her taxable income (Use Figure 10-4), A1S1,767.76 B)$1,840.84 C)$1,913.92 D)$1,694.68 5. What is the simple interest on S500.00 invested at 4% annually for 3 years? aS65.00 bis 60.00 c)$40.00 d)S50.00 6. Using Table 13-3-Find the amount of money that needs to be invested in order to have $1,500.00 in 3 years. You will receive 2.5% interest compounded annually. AS1,25935 bis 1,19656 c)S1,40378 d)$1,392.90 7. Charlie is single and is paid semi-monthly. He earns $1,682.00 and has no withholding allowances. How much federal tax does he owe? Use Figure 10-2. A)$174.00 b)5230.00 c)$148.00 d)$235.00

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