Presentation is loading. Please wait.

Presentation is loading. Please wait.

Town project 1.Pick up your paycheck to find out what your salary will be for today 2.Take out Federal and State taxes Federal taxes take out 9% of your.

Similar presentations


Presentation on theme: "Town project 1.Pick up your paycheck to find out what your salary will be for today 2.Take out Federal and State taxes Federal taxes take out 9% of your."— Presentation transcript:

1 Town project 1.Pick up your paycheck to find out what your salary will be for today 2.Take out Federal and State taxes Federal taxes take out 9% of your salary State tax is 4% of your remaining money AFTER Federal taxes 3. Break down your remaining salary into 3 parts to your budget 20% food, 50% shopping and 30% bank 5.After spending your money in the town, the remaining money will be deposited into the bank for interest 6.Find out how much interest will accumulate in the bank

2 550 dollars 580 dollars 620 dollars 625 dollars 575 dollars 650 dollars

3 The following 6 slides are copied and stapled together to form the booklet shown

4 NAME _____________ PERIOD __________

5 PAYCHECK/ALLOWANCE TO SPEND Paycheck: __________ Take out 9% for Federal taxes: ________ New amount after Federal taxes: _______ Take out 4% for State taxes:_________ Final amount to spend:_________ SET A BUDGET: Break your final amount to spend into 3 parts: Food (~20%)______ Breakfast ______ Lunch ______ Dinner ______ Shopping (~50%) _______ Bank (~30%)______ Amount to spend (paycheck after taxes): ________ TOTAL amount spent on food (add breakfast, lunch, dinner): __________ Amount spent shopping (add up all purchases): _____________ How much is left to deposit into the bank: ________ To find the interest (I) that your money will make use the formula below: Amount deposit is called the principle (P) The amount of time is time (T) usually time is in years The rate that your money will grow is set at a particular percentage (R). Our rate is 3.5% I = P x R x T At the end of two and a half years you with draw your money out of savings, how much will you have? ______________ BANK WORK OUT TOTALS

6 Jacket selection Show work below: First rack of jackets Original price: ______ New discount price: ______ New price with additional % off: ______ Second rack of jackets Original price: ______ New discount price: ______ BETTER BUY (CIRCLE) 1 ST RACK OR 2 ND RACK TOTAL SPENT ON JACKET ______ Total amount budgeted for Lunch_________ Choices: Sandwich letter: _____ Sandwich cost: _____ Salad letter: ________ Salad cost: ________ Beverage letter: ____ Beverage cost: ______ Total cost for all 3 items: _________ Taxes is 6% of total cost: ________ Leave a 18% tip: ________ TOTAL SPENT ON LUNCH ______

7 Total amount budgeted for Breakfast________ Choices: Meal letter: ____ Meal cost: ________ Side letter: ____ Side cost: ________ Beverage letter: _____Beverage cost: ______ Total cost for all 3 items: _________ Taxes is 6% of total cost: ________ Leave a 20% tip: ________ TOTAL SPENT ON BREAKFAST ______ STORE ADVERTISEMENT Original price _______ New price _________ Sales tax ________ Final amount_________ ONLINE/WEBSITE PRICE Original price _______ New price _________ Shipping charge ________ Final amount_________ BETTER BUY (CIRCLE) STORE OR ONLINE

8 Total amount budgeted for Dinner_________ Choices: Appetizer letter: ___Appetizer cost: ______ Entree letter: ____ Entree cost: ________ Beverage letter: ___ Beverage cost: ______ Total cost for all 3 items: _________ Taxes is 6% of total cost: ________ Leave a 15% tip: ________ TOTAL SPENT ON DINNER ______ Pant selection Show work below: First rack of pants 1 st pair of pants ______ 2 nd pair of pants ______ Total for both pairs ______ Second rack of pants 1 st pair of pants ______ 2 nd pair of pants ______ Total for both pairs ______ BETTER BUY (CIRCLE) 1 ST RACK OR 2 ND RACK TOTAL SPENT ON PANTS ______

9 Shirt selection Show work below: 20% rack of shirts Original price______ New price ______ 30% rack of shirt Original price______ New price ______ BETTER BUY (CIRCLE) 20 % RACK OR 30% RACK TOTAL SPENT ON SHIRTS ______ Shoe selection Show work below: Buy one, get one free option 1 st pair of shoes ______ 2 nd pair of shoes ______ Total for both pairs ______ Buy two pairs at 40% off option 1 st pair of shoes ______ 2 nd pair of shoes ______ Total for both pairs ______ BETTER BUY (CIRCLE) 1 free option OR 40% option TOTAL SPENT ON SHOES ______

10 The following slides are menus and store stations

11 MEAL A. Fresh Seasonal Fruit Plate $6.00 B. Basket of Breads - $6.75 C. Two Eggs, Smoked Bacon, Home Fried Potatoes, Toast $9.75 D. French Toast, Sausage $9.00 E. Pancakes, Smoked Bacon $8.50 F. Omelette $11.50 1. You must select one meal, one side, and one beverage 2. Make sure you write down the letter and the cost of what you order

12 BEVERAGES O.Fresh Juices - Orange, Cranberry, Tomato, Grapefruit, Apple $3.75 P.Coffee $2.50 Q.Espresso $3.25 R.Cappuccino $3.75 S.Milk $3.75 SIDES G.Toast $2.25 H.Fruit Yogurt $3.50 I.Yogurt & Fruit $5.75 J.Home Fried Potatoes $3.50 K.Chicken-Apple Sausage $4.50 L.Apple Wood Bacon $4.00 M.Pork Sausage $4.00 N.Pancake Short Stack $5.50

13 1. You must select one sandwich, one salad, and one beverage 2. Make sure you write down the letter and the cost of what you order

14

15 1. You must select one appetizer, one entrée, and one beverage 2. Make sure you write down the letter and the cost of what you order

16

17

18

19

20

21 YOU WANT TO BUY A FOOD PROCESSOR FOR MOM STORE ADVERTISEMENT Food Processor: Originally $129, on sale for 30% Additional charges: sales tax is 6.25% ONLINE PRICE Food Processor: Originally $129, on sale for 40% Additional charges: no tax but shipping charge is $20 WHICH OPTION SHOULD YOU CHOOSE?


Download ppt "Town project 1.Pick up your paycheck to find out what your salary will be for today 2.Take out Federal and State taxes Federal taxes take out 9% of your."

Similar presentations


Ads by Google