Exam 5: Employment Basics

A local newspaper charges $18 for the first three lines of a want ad,and then $6.50 for each additional line.Express the cost of an x-line ad,c(x),as a piecewise function.

Leslye is a salesperson at a home improvement center.She is paid a monthly commission that is 7.5% of her first $1,000 in sales and 12% of the balance of her sales.Today she earned $517.What was the total value of the merchandise she sold?

Bruce is paid semimonthly,so he receives 24 paychecks a year.

Adam works at an electronics store,earning $10.25 an hour,and is paid time and a half for any overtime.Last week,he worked 48 hours.His federal tax withheld is 15% and his state tax withheld is 4%.Social Security and Medicare taxes are also withheld.Determine his net pay for the week.

In 2008,Yolanda paid $3,875 in Social Security tax.If the Social Security tax rate was 6.2% to the maximum income of $94,200 that year,what was Yolanda's taxable income?

Alan earned a dollars last year.This year he received a raise of c dollars.He is paid biweekly.Express the difference algebraically between his total biweekly salary this year and last year.

Emily wants to have her résumé printed.The printing company charges $24.50 for the first 100 résumés,and then a flat rate for each additional 100 résumés.Emily pays $48.50 for 300 résumés.How much is the flat rate after the first 100 résumés are purchased?

Kenya pays $66.32 biweekly for health insurance,which is 18% of the total cost.Her employer pays the rest.What is the employer's annual contribution for Kenya's health insurance?

Singh works at a restaurant where he is paid by the hour plus time and a half for his hours over 40.Last week,he worked 3 hours overtime,and his gross pay was $380.48.What is his hourly wage?

This spreadsheet calculates a yearly pension.The formulas are entered in column B.What is the spreadsheet formula for B7?

An online job-search site charges employers fees to post job listings.The price for posting one job is $495.00.If four jobs are posted,the price per job is $450.What is the percent discount? (Round to the nearest tenth of a percent. )

Employers are usually charged a flat fee to place classified ads in the newspaper.

Isiah just accepted a job that pays an annual salary of $48,800 and was promised a 7.75% raise per year for the next five years if his performance goals are met.Isiah is confident he can meet these goals.What will his biweekly gross pay be when he begins his fifth year with the company?

In Ramona's state,the weekly unemployment compensation is 55% of the 26-week average for the two highest salaried quarters.Ramona made the same weekly salary for each of the 26 weeks in her two highest quarters.She will receive a weekly unemployment compensation check of $640.What were the total 26-week earnings for Ramona before she lost her job?

The purpose of worker's compensation is to offer benefits to eligible employees that have become unemployed.

What is Medicare?

Royalty is a percentage paid on the money earned from sales on items such as tickets,books,artwork,and music CDs.

Miquel pays $47 semimonthly for health insurance which is 15% of the total cost.His employer pays the rest.What is the total yearly cost to the nearest dollar of Miquel's health insurance?

In 2005,Lee began working as a nurse anesthetist with a taxable income of $119,000.The Medicare tax was 1.45% and the Social Security tax rate was 6.2% to the maximum income of $90,000 that year.How much did Lee pay in FICA taxes in 2005?

David is a salesman for a local Ford dealership.He is paid a percent of the profit the dealership makes on each car.If the profit is under $800,the commission is 25%.If the profit is at least $800 and less than $1,000,the commission rate is 27.5% of the profit.If the profit is $1,000 or more,the rate is 30% of the profit.Find the difference between the commission paid if David sells a car for a $1,000 profit and the commission paid if he sells a car for a $799 profit?