Math Overview Tips For The Test Flashcards

1
Q

What is the first tip?

A

1.) When starting a math problem, they will never give you the gross monthly income, you will have to find it.

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2
Q

Whenever you are given the sales price and the appraised value—which do you use for the calculation?

A

The lower of the two.

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3
Q

What is tip #3?

A

Never take any short cuts when calculating the income.

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4
Q

What is the difference between bi-weekly and bi-monthly?

A

Bi-monthly: Is every other week, 26 pay periods in a year.

Bi-monthly: Twice a month. 24 pay periods in a year.

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