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Instruction 2-1 Unless Instructed Otherwise, Compute Hourly Rate and Overtime

question 57

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Instruction 2-1 Unless instructed otherwise, compute hourly rate and overtime rates as follows:  
1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate).
2. If the third decimal place is 5 or more, round to the next higher cent.
3. If the third decimal place is less than 5, drop the third decimal place.
Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow.
Refer to Instruction 2-1 . Elder is paid a monthly salary of $2,250. Overtime is paid for hours beyond 40 in each workweek. One week, Elder works 7 hours overtime. Elder's gross pay for the week is __________.

Understand different psychological viewpoints on gender differences.
Define psychology and understand its scope and dimensions.
Know the research fields that explore behavior based on past outcomes and current motivations.
Differentiate between major psychological theories and schools of thought.

Definitions:

Projective Testing

A type of personality assessment in which respondents reveal their thoughts, feelings, and desires through their interpretations of ambiguous stimuli.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing their behaviors, thoughts, and emotions.

Defense Mechanism

Psychological strategies brought into play by individuals to protect against feelings of anxiety or social condemnation.

Collective Unconscious

Carl Jung’s concept of a shared, inherited reservoir of memory traces from our species’ history.

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