Financial Alg Exam

Question or Hint Answer or Word
  1. annual wage the amount of money an employee is paid for an entire year
  2. minimum wage the hourly rate below which employers may not pay an employee
  3. daily wage the amount of money an employee is paid for a day's work
  4. hourly wage the amount of money an employee is paid for each hour of work
  5. salary a fixed compensation that is paid for services on a regular basis
  6. gross pay the total wages for a pay period before deductions
  7. net pay the take home pay after any amounts have been withheld

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