Questions from Financial Algebra

Q: Ron earns x dollars per hour. He regularly works 40 hours

Ron earns x dollars per hour. He regularly works 40 hours per week. Express his annual salary algebraically.

Q: Michael earns $21 per hour and works 40 hours per week

Michael earns $21 per hour and works 40 hours per week. How many overtime hours would he have to work in a week for his time-and-a-half overtime pay to be greater than his regular gross pay?

Q: Jim worked 40 regular hours last week, plus 8 overtime hours

Jim worked 40 regular hours last week, plus 8 overtime hours at the time-anda-half rate. His gross pay was $884. a. What was his hourly rate? b. What was his hourly overtime rate?

Q: Jennifer did not pay her FlashCard bill in full in September.

Jennifer did not pay her FlashCard bill in full in September. Her October bill showed a finance charge, and she wants to see whether or not it is correct. The average daily balance is $970.50, and the...

Q: Julianne works as a waitress. She earns $13 per hour

Julianne works as a waitress. She earns $13 per hour plus tips. a. Today she worked x hours. Express her pay for these hours algebraically. b. She served nine tables. The total bill for these nine t...

Q: Manuel works at Cheesecake King. He earns $15 per hour

Manuel works at Cheesecake King. He earns $15 per hour as a busboy. The waiters he helps give him 25% of their tips. a. If Manuel worked 6 hours today, how much did he earn, without tips? b. The wai...

Q: Max works x hours per week and has a 3-week

Max works x hours per week and has a 3-week vacation each year. Mindy works y hours per week and has a 4-week vacation each year. Express their combined number of work hours per year.

Q: Gary earns $42,990 per year. He is paid

Gary earns $42,990 per year. He is paid weekly. He currently has a $456-per-month car loan payment, and he pays $1,277.00 per year for auto insurance. Is one week’s paycheck enough to pay for his mont...