Have you ever babysat children? When did you get paid? You probably went to the family’s house, watched the children, and were paid when the parents returned home. Businesses, however, do not pay their employees every day.

Instructions

Think about a job that you may have had. Let’s say you were paid every other Friday for hours worked through Wednesday and you earned $300 per week (or $60 per day for a 5-day work week). You decide to quit this job at the end of your work day on Wednesday, February 7. Assume that February 1 is a Thursday; the last pay date was Friday, February 2; you did not work overtime; and the next pay date is Friday, February 16. How much would your employer owe you on Wednesday, February 7?