Finance Math

The amount you receive on a paycheque after deductions have been taken off

The EI on $45 000 gross income (including vacation pay) is:

Devin earns $15/h, and works 32h a week. If he is paid bi-weekly, how much is each pay?

How many hours did this employee work Mon & Tues?

Spencer makes $10/h. This week, he works 20 hours. He and 3 other servers split $525 in tips. What is his weekly pay?

Calculate the total annual CPP deductions for someone who makes $1430 gross per week (including vacation).

A fixed amount of money paid to a worker on a monthly or annual basis

You are paid biweekly. To find your gross pay for each paycheque you would divide your annual income by:

Net pay is:

Jake makes $16/hr and time-and-a-half when he works more than 40 hours a week. How much would he make in gross pay for a biweekly paycheque after working 44 hours each week

(do not include vacation pay)?