Section 1
Completion requirements
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1. Section 1
1.3. Are You Ready?
Section 1: Personal Budgets
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Are You Ready?
- Anny has just accepted a job at Ben’s Garage in Bienfait, Saskatchewan. Her hourly wage is $25. If she works an average of 140 h per month, what will her gross pay be? Answer
- Explain why Anny’s net pay will be less than her gross pay. Answer
- If Anny's only deductions are income tax, Employment Insurance premiums, and Canada Pension Plan contributions, what will her monthly net pay be? You can use the Canada Revenue Agency’s Payroll Deductions Online Calculator or any other online calculator you can find. Answer
If you answered the Are You Ready? questions without problems, move on to Discover.
If you found the Are You Ready? questions difficult, complete Refresher to review these topics.