AW Math 10 Money Review Name ______
Date:______Block:______
5 days/week 8 hours/day 52 weeks/yr 12 months/yr
1. Zach makes $20.00 per hour, and works 8 hours per day, 5 days a week.
a) what is his weekly income?
b) what is his annual income?
2. Tanya makes $40 000 per year. She gets paid semi-monthly (twice per month, on the 1st and the 15th )
a) how many paycheques does she get per year?
b) how much does she make on each paycheque?
3. If Tanya gets a 5% raise next year,
a) What will be the difference between her old salary and her new salary?
b) What will her new salary be?
4. Daria earned $58 200 from 3 different contracts. Two of them paid $22 000 and $30 000. What was the value of the third contract?
5. If Daniel makes $5100 per month,
a) what is his annual salary?
b) if Daniel works 20 days per month, how much does he make per day?
c) if Daniel works an 8 hour day, what is his hourly wage?
6. What’s the better salary: $48 000 per year or $46 000 with a 2% bonus?
7. Tim makes $60 000 per year. How much is he paid
a) per month?
b) bi-weekly (every 2 weeks)
c) semi-monthly (twice per month)
8. Theresa made $40 000/yr. After her bonus she was making $42 500/yr.
a) what was the dollar amount of her bonus?
b) what percent of her original salary was her bonus?
9. Calculate “time and a half” for a wage of $23.17 /hr.
10. For 40 hours a week, 52 weeks a year, what hourly wage is needed to make a yearly salary of $36 000
11. Denzel makes $10.20/hr. Last week he worked 40 regular hours.
He also worked 5.5 hours of over time. (he gets paid double time for this)
To calculate Denzel’s total earnings for the week, add his regular pay to his overtime pay.
Regular pay:
Overtime pay:
Total:
12. Dave makes $28.50 /hr, and gets a shift premium of an additional $2.50/hr for weekends.
Last month, he worked 3 weeks, that were 40 hours each and a total of 10.5 weekend hours.
To calculate Dave’s earnings for the month, add his regular pay to his weekend pay.
Regular pay:
Pay for 10.5 weekend hours:
Total pay:
13. Jake earns $23 600/yr
Daria earns $10.00/hr, and works a 40 hour week. (Assume there are 4.3 weeks in a month)
Who has the higher gross income per month?
Jake Daria
Monthly income = Monthly income =
14. Janice makes $15 500 for 5 months work.
Jerry makes $17.50/hr and works 150 hours/month.
Who earns more in 5 months?
Janice Jerry
5 months income= 5 months income=
15. Terry earns an annual salary of $55 300 and will also get a 2% bonus.
What is Terry’s total amount earned in a year?
16. Terry’s friend Mark earns $440/wk in wages and $150/wk in tips.
a) What are Mark’s total weekly earnings?
b) What are Mark’s total yearly earnings?
17. Petra makes $285/wk and a 3% commission on her sales over $2000.
Last week she sold $4200 of merchandise. What was her total income for the week?
Regular weekly pay:
Sales amount over $2000:
Commission amount on those sales:
Total of regular pay and commission amount:
18. Janice wants to make $3000 next month. If she has a job that pays $20/hr,
a) how many hours would she have to work?
b) how many 8 hour shifts would that be?
19. Tia works strictly on commission selling houses. She wants to earn $20 000 in one month.
Her commission rate is 7%.
How much does she have to sell in order to earn $20 000 in commission?
20. Kat works for a local pet centre as a dog walker. She is paid a flat fee of $25/day, and $5.00 for each dog she walks.
If she walks 6 dogs every day for a 5 day week, how much will her weekly earnings be?
21. Juan shovels snow in the winter. Last month he made $400 for shovelling 15 driveways.
How much does he charge per driveway?
22. Beth makes 20 cents for every flyer she delivers.
a) if she delivers 400 flyers, how much can she make?
b) if she wants to earn $500, how many flyers does she need to deliver?