ALG 3Name:______

Employment Review8/22/14

  1. Mrs. Frederick is paid semimonthly. Her semimonthly salary is $1641.55. What is her annual salary?
  1. Sally is paid semimonthly. Her annual salary is x dollars. Her office is considering going to a biweekly pay schedule. Express the difference between her biweekly salary and her semimonthly salary algebraically.
  1. Mrs. Roper works 40 hours per week regularly at a rate of $12.20 per hour. When she works overtime her rate is time and a half of her regular hourly rate. Find Mrs. Roper’s total pay for a week in which she earns 50 hours.
  1. In 2003, Carolos Zambrano earned $340,000 pitching for the Chicago Cubs. In 2009, his salary was $18,750,000.
  1. Zambrano pitched in 32 games in 2003. What was his salary per game in 2003?
  1. He pitched 28 games is 2009. What was his salary per game is 2009? Round to the nearest cent.
  1. Did he earn more per game in 2009 than he did for the entire 2003 season?
  1. Rihanna is paid 11.5% on her CD sales and music downloads. Last year, she sold 1.22 million CDs and 2.1 million music downloads. The CDs were sold to music stores for $5 each, and the music downloads were $1 each.
  1. What is the total amount of CD sales?
  1. What is the total amount of download sales?
  1. How much did Rihanna receive in royalties last year?
  1. Andrew sells electronics on commission. He receives 10% of his first x dollars in sales and 12% of the balance of his sales. Las month, he sold y dollars worth of electronics. Express the commission he earned last month algebraically.
  1. Casey is a real estate agent. She earns 6% commission on each sale that she makes. After working with a potential buyer for 3.5 months, she finally sold a house for $877,000.
  1. What did Casey earn on commission for this sale?
  1. This was her only sale for the entire 3.5 month period. What was her average salary per month for this period, to the nearest cent?
  1. For the next four months, Casey is not able to sell a house due to a faltering economy. What s her average monthly salary for the past 7.5 months, to the nearest cent?
  1. When Tyler started his current job, his employer gave him 5 days of paid vacation time with a promise of five additional paid vacation days for each two-year period he remains with the company to a maximum of 5 work weeks of paid vacation time.
  1. It has been eight years since Tyler began working for this employer. How many paid vacation days has he earned?
  1. Let x represent the number of years he has worked for this employer and y represent the number of paid vacation days he has earned. Write an equation that models the relationship of these variables.
  1. When will Tyler reach the maximum number paid vacation days allowable?
  1. As part of their employee benefits, all workers at Light and Power Electric Company receive a pension that is calculated by multiplying the number of years worked times 1.875% of the average of their three highest years’ salaries. Mia has worked for LPEC for 30 years and is retiring. Her highest salaries were $92,000, $94,800, and $96,250. Calculate Mia’s pension.
  1. Dan’s employee benefits include health care coverage. His employer covers 78% of the cost, which is a contribution of $1599.78 towards the total coverage. How much does Dan pay for his coverage?
  1. In 1998, Mr. Smith had two jobs. The first job, in which he earned $74,007, was from January to August and the second job, in which he earned $35, 311, was from August to the end of the year. As a result, he paid too much Social Security tax. How much should he be refunded?
  1. In 1998, Lisa earned $149,461.20. The Social Security to a maximum taxable income was $68,400, and the Social Security percent was 6.2%
  1. What was her monthly gross pay?
  1. In what month did Lisa hit the maximum taxable Social Security income?
  1. How much Social Security tax did Lisa pay in May, to the nearest cent?
  1. How much Social Security tax did Lisa pay in July, to the nearest cent?
  1. How much Social Security tax did Lisa pay in June, to the nearest cent?