15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Welcome.

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$1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Welcome to Who Wants to be a Millionaire 50:50

© Mark E. Damon - All Rights Reserved $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

© Mark E. Damon - All Rights Reserved A: Overtime C: Salary B: Weekly Time Card D: None of these 50: $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 What is the daily record of when you report to work and when you leave called?

© Mark E. Damon - All Rights Reserved

B: Weekly Time Card 50: $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 What is the daily record of when you report to work and when you leave called?

© Mark E. Damon - All Rights Reserved $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

© Mark E. Damon - All Rights Reserved A: $175 C: $7.50 B: $750 D: $75 50: $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 If Marianna earns 5 % commission on $1500, how much will she receive?

© Mark E. Damon - All Rights Reserved $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

© Mark E. Damon - All Rights Reserved A: $562 C: B: $ D: $652 50: $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Last week Maks worked 45 hours. His hourly rate is $12.50, how much did he get for working

© Mark E. Damon - All Rights Reserved $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

© Mark E. Damon - All Rights Reserved A: $20 C: $17 B: $13 D: None of the above 50: $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 I earn $414 per week and I am married with 2 kids. How much income tax is witheld? Use textbook Appendix A4.

© Mark E. Damon - All Rights Reserved $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

© Mark E. Damon - All Rights Reserved A: 6.2% C: 7.8% B: 4% D: 1.45% 50: $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 What is the rate used to calculate social security tax upto $97,500

© Mark E. Damon - All Rights Reserved Congratulations! You’ve Reached the $1,000 Milestone! Congratulations! C o n g r a t u l a t i o n s !

© Mark E. Damon - All Rights Reserved $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

© Mark E. Damon - All Rights Reserved A: Fed W/H C: Gross income B: Medicare D: State W/H 50: $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Which one of these is not a Tax on an earning statement?

© Mark E. Damon - All Rights Reserved $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

© Mark E. Damon - All Rights Reserved A: $343 C: $376 B: $351 D: None of the above 50: $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Monday to Friday Alex worked 48 hours at an hourly rate of $6.00. In addition he worked 7 hours overtime on Saturday at 1.5 times my hourly rate. What was his gross pay this week?

© Mark E. Damon - All Rights Reserved $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

© Mark E. Damon - All Rights Reserved A: 42 C: 7 B: 34 D: 21 50: $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Bennett is a carpenter. He earns $16.25 per hour. How many hours must he work to earn approximately $341 per week?

© Mark E. Damon - All Rights Reserved $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

© Mark E. Damon - All Rights Reserved A: $60 C: $1500 B: $1560 D: $ : $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Allyson sells Leprechaun uniforms. She earns 3% on the first $2000 and 15% on all sales over $2000. How much did she earn if she sold $12000 worth of leprechaun uniforms?

© Mark E. Damon - All Rights Reserved $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

© Mark E. Damon - All Rights Reserved A: $1560 C: $1690 B: $3380 D: $780 50: $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Chico’s annual salary is $40,560. What is his bimonthly salary?

© Mark E. Damon - All Rights Reserved Congratulations! You’ve Reached the $32,000 Milestone! Congratulations! C o n g r a t u l a t i o n s !

© Mark E. Damon - All Rights Reserved $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

© Mark E. Damon - All Rights Reserved A: $ C: $4000. B: $40,750 D: $ : $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Garrett’s gross pay is $44,750 a year. The state income tax rate is 3% of taxable wages. He takes a married exemption ($4000) for himself. How much does Garrett’s employer withold yearly from his gross earnings for State income Tax.

© Mark E. Damon - All Rights Reserved $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

© Mark E. Damon - All Rights Reserved A: $40.25 C: $10.56 B: $55.70 D: $ : $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Kirby’s gross biweekly pay is $728. His earnings total $26,208. What amount does his employer deduct from his wages this pay period for Social Security Taxes?

© Mark E. Damon - All Rights Reserved $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

© Mark E. Damon - All Rights Reserved A: 25% C: $2,450 B: $94.23 D: 75% 50: $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 The annual cost of Danielle’s family membership to group insurance is $9,800. The company pays 75% of the cost. How much money does Danielle pay?

© Mark E. Damon - All Rights Reserved $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

© Mark E. Damon - All Rights Reserved A: $ C: $ B: $ D: None of the above 50: $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Lisa is a single ticketing agent who claims 1 allowances. Her gross weekly salary is $320. Each week she is deducted Federal, Social Security and Medicare taxes; $40.20 for Medical insurance, 1.5% for state tax and $25. for credit union. Find her net pay?

© Mark E. Damon - All Rights Reserved $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

© Mark E. Damon - All Rights Reserved A: $3,088 C: $480 B: 5,080 D: $6,205 50: $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Ally pays $ per month for her group medical coverage. Her employer pays 55% of the cost. How much is the annual premium for Ally’s health insurance?

© Mark E. Damon - All Rights Reserved YOU WIN $1 MILLION DOLLARS!