Financial Literacy - Unit 1

If Trent earns $1,150 a week. How much does he make annually?

How many hours does an employee have to work before they begin to earn overtime pay?

When an employee earns additional money for each individual sale that they make, this is called...

A salesperson sells $20,000 worth of clothes in one year and earns 11% commission. How much did they earn in commission?

A salesperson earns $45,500 annually. They also sell $8,000 worth of materials and makes 7% commission. What is total $?

If an employee earns $12.50 an hour and work for 25 hours in a week, how much total did they earn?

If I worked 50 hours in one week. I worked 8 hours of overtime.

On what document do you record your weekly hours?

Total Commission = Total Sales x Commission %

To calculate overtime rate, how much do you multiply regular rate by?

Jamari starts work at 7:00 AM. He takes lunch at 11:00 AM for one hour. He exits work at 4:00 PM. How many hours worked?

If Demond works 6 hours of overtime and his regular wage is $20 an hour, how much did he earn during overtime hours?