Salary $100,000  Choose a name for your group.

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Presentation transcript:

Salary $100,000

 Choose a name for your group.

 Pick up a card from station A and calculate Bob’s salary after income tax.  Put your answer on the sheet at the front of the class.

 Pick up a card from station B and calculate Bob’s savings.  Put the interest saved on the sheet at the front of the class.

 Funny Moneyman Credit Card Game Show  KMk KMk

 Bob buys a car for $5,000  Pick up a card from Station C to calculate how much he paid.  Put your answer on the sheet at the front of the class as a negative amount.

 Bob buys a house.  Pick up a card from Station D to calculate the profit of the house.  Put your answer on the sheet at the front of the class.

 Bob decides to go on holiday…he buys a tent.  Pick up a card from station E.  How much did he pay for the tent?  Put your answer on the sheet at the front of the class as a minus. $730

You all had an annual salary of $100,000. You all had an annual salary of $100,000. You all bought a car worth $5,000 and a tent worth $730. You all bought a car worth $5,000 and a tent worth $730. You all bought a house worth $500,000. You all bought a house worth $500,000.

 In groups, make another question for a new station.  Discuss the probability of picking the most profitable card at each station.  What are common errors made when spending/budgeting?

 Next week we will be starting probability…