Ms. Switzer Name: _______________________ FPC 10 2020 Date: ____________________ Unit 1: Income Review 1. Donald works for an hourly rate of $16.50 an hour. This week, he worked 35 hours. What is his gross pay for the week? 2. Tracy works as a secretary for a local business. She is paid $15.75 per hour. She gets paid overtime (time and a half) for all hours over 40 a week. Last week she worked 46 hours. What is her gross pay for the week? 3. The local machine shop hired James as a press operator. His annual salary is $34 268. How much would James’s paycheck be if he is paid biweekly? 4. Brenda sells make-up and gift items. They earn a 22% commission on their first $500 worth of sales, 25% on the next $1500 in sales, and 50% on all sales exceeding $2000. For this campaign, Brenda sold $2250 worth of make-up and gift items. What is her total commission? 5. Lauren is a server at a family restaurant. She is paid a wage of $10.80/h for a regular eight-hour shift. On an average shift she serves customers whose bills 1 Ms. Switzer FPC 10 2020 total $850.00. She regularly receives 15% in tips. What would Lauren’s gross earnings be for the day? 6. John is a delivery driver. He is paid $3.25/delivery and keeps all his tips. Yesterday, John made 26 deliveries and received $57.00 in tips. If he worked 6 hours, what were his hourly earnings? 7. Jerome was an employee and he earned $46,540 last year. a. Calculate his annual CPP & EI contribution and his monthly contributions. b. If Jerome were self-employed, what would his annual contributions be? 8. Elaine receives an annual salary of $46,800. How much income tax will she pay in a year? 9. Hayley earns $17.50 an hour for a 40-hour work week. Calculate: 2 Ms. Switzer FPC 10 2020 a. Her gross pay for one week b. The total of all her deductions for one week c. Her bi-weekly net pay 10. Johnny flipped a coin 350 times. He flipped heads 185 times and tails 165 times. What is the experimental​ ​probability that the coin lands on heads? 11. You are rolling a 6-sided die. Calculate the following probabilities: a) P(2) b) P(5 or 6) 12. A bag contains 3 red marbles, 7 blue marbles and 5 green marbles. 3 Ms. Switzer FPC 10 2020 a) What is the probability of pulling out a blue marble and then a green marble if you replace the first marble before drawing the second? b) What is the probability of pulling out 2 red marbles if you do not replace the first marble drawn? 4