Ok so its sad but I have been stuck with these questions and I have no parents to help me or a teacher because I am teaching myself and its hard. I have to be honest. These are the questions I need help with... I have done the work sent it in but then it was returned back. Out of 25 I got these incorrect in some way and these were the questions. I am horrible with this. And I need this to graduate. I would really appreciate the help! <3 *A salesperson receives 6% commision. Find the salesperson's gross pay for sales totaling $145,000. *A company uses the variable commison schedule below for compensating its salespeople. Find the gross pay for the sales totaling (A) 22,000 and (B) 34,000. Show your work. Monthly Sales Commision Rate $0.00-$20,000 1% $20,001- $30,000 2% Over $30,000 3% *A farm worker receives piecework wages for picking blueberries. Using the following pay scale, find the farm worker's pay of he picked 120 boxes of blueberries. 1-50 boxes $3.00 each 51-100 boxes $3.40 each Over 100 boxes $4.00 *An office worker earns $3,450 monthly. The worker is married and claims two exemptions. Find the FIT to be withheld for his monthly check (A) using the percentage method and (B) using the wage bracket method. *Nancy is single and claims one exemption. She earns $3,400 a month. A health insurance premium of $50,000 and a dental insurance premium of $25.00 are deducted from her earnings. Find Nancy's net pay. Use the tax rate of 7.65% for FICA, and use the percentage method to find FIT. *13-18 Complete the payroll record for a single employee with two exemptions. The state withholding tax is 1.2% and $45,000 is deducted for health insurance. Use the tax rate of 7.65% for FICA, and use the percentage method to find FIT. Pay peroid: December Earnings Monthly Salary: $4,500 Deductions: #13. FICA #14. FIT #15. State #16. Health Insurance #17.Total Net Pay: #18 * Find the maturity date for a 6-month note dated in April 15. ** I got October 15* but when I did the work I did 105+ 6 months the ending amount the commented it was wrong. *A businesswoman signs a 120 day, 9% simple interest note of $40,000 on May 25. Find (a) the maturity date of the note and (b) the maturity value of the note using the ordinary method. *How much money should Shiela invest in an account that earns 8% annual interest compounded monthly in order to have $4,000 in 5 years. *A certificate of deposit has an annual rate of 6% compounded quarterly. Find the effective rate of interest. Show work.
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*A salesperson receives 6% commision. Find the salesperson's gross pay for sales totaling $145,000. =$145000 * 6% = 145000 * 0.06 = $8700 *A company uses the variable commison schedule below for compensating its salespeople. Find the gross pay for the sales totaling (A) 22,000 and (B) 34,000. Show your work. Monthly Sales Commision Rate $0.00-$20,000 1% $20,001- $30,000 2% Over $30,000 3% (A) $22000 is between $20,001- $30,000. So commission = 22000 * 2% = 22000 * 0.02 = $440 (B) $34000 is over $30000 So commission = 34000 * 3% = 34000 * 0.03 = $1020 *A farm worker receives piecework wages for picking blueberries. Using the following pay scale, find the farm worker's pay of he picked 120 boxes of blueberries. 1-50 boxes $3.00 each 51-100 boxes $3.40 each Over 100 boxes $4.00 120 boxes is over 100 boxes. Therefore he gets paid 120 * $4 = $480. i'm not in US so don't understand FIT and FCIA sorry...
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