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2 pt 3 pt 4 pt 5pt 1 pt 2 pt 3 pt 4 pt 5 pt 1 pt 2pt 3 pt 4pt 5 pt 1pt 2pt 3 pt 4 pt 5 pt 1 pt 2 pt 3 pt 4pt 5 pt 1pt Math Credit CardsBudgetingShopping.

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Presentation on theme: "2 pt 3 pt 4 pt 5pt 1 pt 2 pt 3 pt 4 pt 5 pt 1 pt 2pt 3 pt 4pt 5 pt 1pt 2pt 3 pt 4 pt 5 pt 1 pt 2 pt 3 pt 4pt 5 pt 1pt Math Credit CardsBudgetingShopping."— Presentation transcript:

1 2 pt 3 pt 4 pt 5pt 1 pt 2 pt 3 pt 4 pt 5 pt 1 pt 2pt 3 pt 4pt 5 pt 1pt 2pt 3 pt 4 pt 5 pt 1 pt 2 pt 3 pt 4pt 5 pt 1pt Math Credit CardsBudgetingShopping Hodge Podge Final

2 .06 Converted to a percent, would be this.

3 6%

4

5 Figure Mary’s gross pay. Makes $10 an hour and worked 30 hours.

6 $300 (10 x 30)

7 Figure Tommy’s Net Pay. Gross Pay = $546.00 Taxes = $65.50

8 $480.50 (546-65.50)

9 Figure the unit cost 12 ounces for $2.99

10 .25 per ounce

11 Lisa has a part-time job at a shoe store. She worked 32 hours this week. Her pay rate is $8.25 an hour. Her taxes and other deductions are 13% of her pay. What is Lisa's net pay?

12 $229.68 (32 x 8.25 = 264 264 x.13 = 34.32 264-34.32

13 If you don’t pay your card off immediately, you will have to pay this.

14 Interest

15 The period of time when you don’t have to pay interest on your credit cards.

16 Grace Period

17 The biggest part of a FICO score comes from this.

18 Payment History

19 A FICO score of 350 would be which of the following: A Good Score An Average Score or A Poor Score

20

21 True or False A credit card is tied directly to your checking account.

22 False

23 Groceries are an example of this type of expense

24 Flexible or variable

25 Which of the following is NOT an expense: Fixed Income Flexible Discretionary

26 Income

27 You should never budget more than this _________

28 Net pay Will also accept Take Home pay or income

29 You should save this much of your income

30 10%

31 All of your monthly expenses add up to $1,325 Your income is $1,275. Do you have a surplus or deficit? And, what is the amount of the surplus or deficit?

32 Deficit $50

33 The sales tax rate for Kentucky is this.

34 6%

35 Figure the final cost. Price is $25. Discount is 20%. Sales tax is 6%.

36 $21.20

37 If you go to Tennessee to shop and the sales tax is 9%, what will you pay in taxes on an item that cost $100 dollars.

38 $9.00

39 Which is the best deal? 14 oz. for $1.85 Or 10 oz. for $1.53

40 14 oz. for $1.85

41 13% off a pair of shoes with a price tag of $89. What is the purchase price of the shoes (before taxes)?

42 $77.43

43 Creating a schedule is an example of this type of technique

44 Time Management

45 When you first get hired you will need to complete this form that states your marital status and your number of dependents.

46 W-4

47 The form that you receive by the end of January from your employer that states all of your income and tax information

48 W-2

49 You should spend no more than this on rent/housing. Which is correct? 50%, 45%, or 30%

50 30%

51

52 Macy makes $48,000 a year. What is her monthly salary?

53 $4000

54 FINAL JEOPARDY Rules: You may wager/bet up to all of your points that you received in the game. TOPIC: NET PAY

55 Carrie worked 32.5 hours and gets paid $8.57 an hour. Taxes/deductions are 12.5%. Figure Carrie’s net pay

56 $243.71


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