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Police Math Financial Calculations Flashcards

6 cards from real Police Math Test practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 6 Police Math Financial Calculations flashcards as text
  1. Overtime pay is 1.5 times the regular rate of $30 per hour. What is the overtime hourly rate?

    Answer: $45

    $30 × 1.5 = $45 per hour overtime rate.

  2. A precinct's monthly budget is $45,000. If 35% is spent on operations, how much remains?

    Answer: $29,250

    35% of $45,000 = $15,750 spent; $45,000 − $15,750 = $29,250 remaining.

  3. An officer contributes 7.5% of a $4,200 monthly salary toward retirement. How much is deducted per month?

    Answer: $315

    7.5% of $4,200 = 0.075 × $4,200 = $315.

  4. A $75,000 grant is distributed equally among 5 precincts. How much does each precinct receive?

    Answer: $15,000

    $75,000 ÷ 5 = $15,000 per precinct.

  5. Equipment purchased for $8,000 depreciates to $5,600 over 3 years. What is the annual depreciation?

    Answer: $800

    Total depreciation = $8,000 − $5,600 = $2,400; $2,400 ÷ 3 = $800 per year.

  6. A patrol vehicle costs $28,500 with a $3,500 down payment. What is the remaining balance?

    Answer: $25,000

    $28,500 − $3,500 = $25,000 remaining balance.