1. Prisha received a job offer at a large mining company which will pay her a gross salary of $46,800 per annum. Calculate her periodic gross payments if she is paid monthly. Calculate her periodic gross payments if she is paid semi-monthly. 2. Stephen receives a gross pay of $1,850 bi-weekly from her employer. If her employer changed her pay period to monthly instead of bi-weekly, calculate the monthly payment that she would receive. 3. Olivia's hourly wage was $15 and her workweek was 37.5 hours. If her employer was paying her monthly, how much will she receive per month?

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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1. Prisha received a job offer at a large mining company which will pay her a gross salary of $46,800 per annum. Calculate her periodic gross payments if she is paid monthly. Calculate her periodic gross payments if she is paid semi-monthly.

2. Stephen receives a gross pay of $1,850 bi-weekly from her employer. If her employer changed her pay period to monthly instead of bi-weekly, calculate the monthly payment that she would receive.

3. Olivia's hourly wage was $15 and her workweek was 37.5 hours. If her employer was paying her monthly, how much will she receive per month?

4. Cynthia receives a semi-monthly salary of $2,400 and has 40-hour workweeks. If she worked 10 hours overtime during her last pay period and her overtime factor is 1 1/2 (time-and-a-half), calculate her gross pay for the last pay period.

5.The sales commission of a pharmaceutical distribution company is structured such that its part-time sales representatives receive commissions of:

  • 4.00% on the first $10,000 they sell,
  • 6.00% on the next $10,000,
  • 11.00% thereafter on all sales they make.
Jennifer, a new sales representative, made sales of $5,500 in her first month, $14,000 in her second month, and $40,000 in her third month.
a. What was the commission in the first month?
b. What was the commission in the second month?
c. What was the commission in the third month?
d. What single commission rate would represent her total earnings throughout the first 3 months?
 
6. Banner House Inc. gives all its sales people a base salary of $39,000 per annum and a commission of 8% on all banners that they sell over $5,000. Calculate Courtney's salary last month if she sold $11,000 worth of banners.
 
7. Patrick, a sales representative at a jewelry store, receives a 2.00% commission for the first $10,000 in sales she makes, 4.00% for the next $30,000, and 6.00% thereafter. If she was paid $2,500.00 in commissions last month, calculate the amount of sales she made.
 
8. Jesse works for a clothing boutique store as a salesperson. She receives a monthly base salary of $900 and earns a commission on sales over $20,000. If she earned $8,000 last month and she made $110,000 in sales, calculate her commission rate.
 
 

 

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