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.
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.
3
Q
What is tip #3?
A
Never take any short cuts when calculating the income.
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.