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Financial Math - Chapter one

Terms chapter one

AB
straight time paytotal money earned for a pay period at the hourly rate
hourly raterate of pay per hour
overtime paymoney earned for working more than regular hours
pieceworkRate per item times number of items produced
weekly52 times per year
monthly12 times per year
bi-weekly26 times per year
semi-monthly24 times per year
commission ratepercent of total value of sales
commissionamount of money you are paid for selling a product or service


Algebra I/Financial Math Teacher/Freshman Academy
Mamou High School
Mamou High School , LA

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