Download Master Math: Business and Personal Finance Math by Mary Hansen PDF

By Mary Hansen

ISBN-10: 1435457889

ISBN-13: 9781435457881

Grasp MATH: company and private FINANCE MATH is a finished reference advisor that explains and clarifies the rules of industrial and private finance math in an easy, easy-to-follow sort and layout. starting with the main basic subject matters and progressing via to the extra complicated, this ebook is helping make clear the maths of non-public finance and company utilizing step-by step techniques and strategies, in addition to perform difficulties. you are going to begin via studying the fundamentals of subject matters like paychecks, taxes, bank card and mortgage curiosity, investments, budgets, and company expenditures to offer you a origin for the extra complicated themes coated later within the e-book. themes addressed contain gross and web pay, banking, credits and loans, possessing a automobile or domestic, coverage and investments, budgets, bills of doing enterprise, monitoring revenues and stock, monetary ratios, and enterprise revenue and loss. an entire desk of contents and a entire index permit readers to quick locate particular subject matters, and the approachable sort and structure facilitate an knowing of what might be intimidating and tough talents. ideal for college students, lecturers, and enterprise humans, in addition to an individual desirous to greater comprehend the math of commercial or own finance.

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Multiply by the decimal form of the commission rate. Add the commission to the weekly salary. 03 ϭ $45 Gross Pay ϭ Salary ϩ Commission Gross Pay ϭ $250 ϩ $45 ϭ $295 Rashid earns $295 for the week. 10 Sai-Ling earns a 2% commission on sales above $10,000 and a monthly salary of $1,200. If her sales last month were $55,000, what were her total earnings for the month? 50 per hour. If his sales were $125,000 last week and he worked 40 hours, what were his gross wages? 30 Master Math: Business and Personal Finance Math Graduated Commission An employee who is paid a graduated commission is paid an increasing rate of commission as the amount of sales increases.

Add the two commissions together to find the total commission. 08 ϭ $1,200 Total commission ϭ $500 ϩ $1,200 ϭ $1,700 Connie earned $1,700 in commission. 50 commission on the first 30 prints he sells at an art show. 25 for each print he sells after the first 30. In one weekend, he sold 100 prints at an art show. How much did he make in commission? 13 A company pays salespeople a commission of 4% on the first $20,000 of sales, 8% on sales over $20,000, and up to $40,000, and 10% commission on sales above $40,000.

Mark is married and currently claims two withholding allowances. His wife is about to have a baby, and he will change the number of withholding allowances to 3. If he earns a monthly salary of $2,450, how much will the amount withheld for federal income tax decrease? Social Security and Medicare Tax Social Security and Medicare taxes together are called FICA tax, since they are part of the Federal Insurance Contributions Act. 2% of wages up to a certain amount. The maximum wages subject to the Social Security tax has increased over time, with the maximum wage at $106,800 since 2009.

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Master Math: Business and Personal Finance Math by Mary Hansen


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