Questions from Financial Algebra


Q: When Payne removed his bank statement from the envelope, it got

When Payne removed his bank statement from the envelope, it got caught on a staple and a corner was ripped from the page. Now he cannot read his ending balance. Explain the computations he can do to f...

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Q: Interpret the quote in the context of what you’ve learned about jobs

Interpret the quote in the context of what you’ve learned about jobs and salaries.

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Q: Justin is a golf pro. He works 8 months per year

Justin is a golf pro. He works 8 months per year, and is paid $76,000. During the winter months, he teaches golf privately and earns another $12,500. What is his average monthly salary based on his to...

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Q: Last year Nancy’s annual salary was x dollars. This year she

Last year Nancy’s annual salary was x dollars. This year she received a raise of y dollars per year. She is paid semimonthly. a. Express her semimonthly salary last year algebraically. b. Express he...

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Q: Hector works in a gas station and earns $15.50

Hector works in a gas station and earns $15.50 per hour. Last week he worked 29 hours. What was his gross pay?

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Q: Eddie works at Beep-N-Kleen car wash.

Eddie works at Beep-N-Kleen car wash. He earns $15 per hour. Last week he worked x hours at this rate. Express his gross pay algebraically.

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Q: Lynn regularly works a 40-hour week and earns $16

Lynn regularly works a 40-hour week and earns $16 per hour. She receives time-and-a-half pay for each hour of overtime she works. Last week she worked 43 hours. a. What was her regular gross pay? b....

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Q: Yoko is paid semimonthly. How many fewer paychecks does she receive

Yoko is paid semimonthly. How many fewer paychecks does she receive in a year compared to someone who is paid weekly?

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Q: Sean is paid biweekly. His annual salary is $42,

Sean is paid biweekly. His annual salary is $42,500. What is his biweekly salary to the nearest cent?

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Q: Ed Lubbock’s Flash Card statement is below. There are entries missing

Ed Lubbock’s Flash Card statement is below. There are entries missing. a. What is Ed’s average daily balance? b. What is Ed’s finance charge?...

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