MTH173 - Financial Mathematics Case Study - Finance Assignment Help

Assignment Task

Questions

1. Mathematical issues

List and briefly describe five issues that you expect to resolve for Damian and Melissa using your mathematics skills.

2. Employing a junior

Damian expects that a fulltime junior will work 35 hours during the week and 4 hours on Saturdays. Damian would like to know, for a normal week, how much he needs to
pay for:

•  Wage
•  Tax to the Tax Office on the junior’s behalf
•  Superannuation

Damian would also like to have details of the calculations such that he can do them himself in future. Set out your calculations clearly so that Damian can follow them, note specifically where the required data has come from. Set out the results in a manner that they can be included in the employee’s weekly pay packet for their information.

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