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- 1. Hannah makes $8.75 per hour. She works 30 hours per week. Find: a. Her weekly pay b. Her monthly pay c. Her yearly pay2. Rona works for a company that pays him a basic monthly salary of P20 000 plus 6.5% commission on sales above P60 000 per month. If the total amount of the goods he sold was P150,000, what is his gross pay (salary plus commission) for the month?You work in a company. You are offered the choice of two payments streams. A. $250 paid now. B. $150 paid now, $50 paid three months from now, and $150 paid ten months from now. If you want both of them to be equal, What should the intrest rate be?
- G7. CALACULATE FREDDY S LABOUR RATE PER HOUR? IF HER MONTHLY SALARY IS 10 000.SHE GE R9000 BONUS.HER EMPLOYER CONTRIBUTE R9000 ON HER PENSION.SHE WORK FOR 9 HOURS PER DAY FROM MONDY TO FRIDAY EACH WEEK.SHE IS HAVING 28 DAYS VACATION LEAE .THERE ARE 12 PUBLIC HOLIDAY IN YEARS9. Penny wants to save $2500 in one year. What amount must she save from each paycheque if she is paid bi- weekly? a. $104.17 b. $96.16 c. $48.08 d. $208.33Irish paid a monthly salary of 15,000.00 and earn a commission of 3% in sales. If she sold a monthly amount of 150,000.00 during the month, how much is his gross pay?
- 3. Determine the semi-monthly pay for someone with an annual 4. Pauline has a weekly gross pay of $460 and a weekly take-home salary of $48 000. net pay? 5. Brad makes $10 per hour plus a 2% commission on sales. One week, he worked 25 h and sold $900 in merchandise. Without usi. a calculator, how much did he make?Kevin's weekly pay is $500, plus a 2% commission on the total value of his weekly sales. This week Kevin needs to earn at least $1200. In order to reach his goal, what do Kevin's sales need to be?When Sara Whitehorse changed jobs, she rolled over the $43,650 in her retirement account into two simple interest accounts. On one account, the annual simple interest rate is 7.5%, and on the second account, the annual simple interest is 6%. How much must be invested in each account if the two accounts earned the same amount of annual interest? (x at 7.5% and y at 6%.) A.x = $19,400; y = $24,250 B.x = $19,500; y = $24,350 C.x = $19,410; y = $24,240 D.x = $24,250; y = $19,400 E.x = $19,501; y = $24,149
- Help me sirr A client has $400,000 in an account that earns 10% per year, compounded monthly. The client's 35th birthday was yesterday, and she will retire when the account value is $1 million. At what age can she retire if she puts $300 per month into the account every month, beginning one month from today?Title Sarah has 1,000 hours per year she can allot to work or leisure (1). If she works, she gets a wage.. Description Sarah has 1,000 hours per year she can allot to work or leisure (1). If she works, she gets a wage of $16/hour. Food (f) costs $1 per unit (P,-$1). What is the price of leisure P1? Give an intuitive explanation for what the price of leisure means a) b) Draw Sarah's budget constraint. Now suppose Sarah enrolls in TANF, and there is a benefit reduction rate of 0.5 and a benefit guarantee of $2,000. Write out the equation for the income she could receive from TANF if she enrolled. Draw her new budget constraint. What is her new effective wage if she participates in TANF? c) d) Suppose that the government decides to reduce the benefit reduction rate to 0.25 to encourage work (benefit guarantee remains the same). Draw the new budget constraint. e) Draw examples of indifference curves for a single mother who participates in TANF both before and after the reform. Display…I earn $475 per week at my job at WalMart. How much do I earn in a month? Gross pay: My taxes are 7%. What is my net pay? Deduction:___________x___________= Net Pay:____________-‐____________=