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  Consider a career in which a person could expect to make a salary of $38,500 per year after only two years on the job.  Is that person earning more.

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Presentation on theme: "  Consider a career in which a person could expect to make a salary of $38,500 per year after only two years on the job.  Is that person earning more."— Presentation transcript:

1   Consider a career in which a person could expect to make a salary of $38,500 per year after only two years on the job.  Is that person earning more or less than a welder who makes $21.00 per hour?  Take 3 – 5 minutes to work out your answer.  Compare/Share your solution with a partner.  Hone your answer so that you can explain it clearly to someone else. Bell Work See note

2 Is one better than the other?

3   Topic: Annual salary compared to Hourly pay  Do: Calculate an equivalent earning potential  Level: Applying Objective See note

4   Standard: HS.N-Q.1 Use units as a way to understand problems and to guide the solution of multi-step problems; choose and interpret units consistently in formulas ; choose and interpret the scale and the origin in graphs and data displays. College and Career Ready Math See note

5  Using unit rates See note

6  Same problem… See note

7   $95,700 annual salary $46 per hour  What hourly rate would be comparable to this salary?  Consider a few things:  “Full time” is usually 40 hours per week.  Sick leave and vacation time is already included.  Over time is also included.  Who makes this kind of money? What do they do for a living? How much education/training do they need? Compare See note

8   You worked for minimum wage ($7.90 per hour) all summer. Then you received a 10% ($0.79) raise.  If you work 25 hours every week while you are taking classes at the community college, how much do you earn in 2 years?  Additional information: you took an equivalent of 5 weeks sick leave and vacation time during the two years. Minimum + See note

9   Is there any way a person who works at a rate of $32.50 per hour could possibly make more than someone who makes a salary of $68,000 per year?  Justify your answer mathematically and realistically. Hard work pays… See note

10  Write your name on a sticky note, and decide where you will place it on the Traffic Signal poster as you go.  Green Light Means that you are “good to go” with the idea of finding equivalent hourly and annual pay rates.  Yellow Light Means that you are proceeding with caution because you are beginning to understand, but are not quite sure you can do this kind of problem by yourself.  Red Light Means that you need to stop right here until you get more instruction and help because you really don’t understand today’s lesson. Closure

11   HS.MP.1 Make sense of problems and persevere in solving them.  HS.MP.3 Construct viable arguments and critique the reasoning of others.  HS.MP.4 Model with mathematics. Standards for Math Practice


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