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Math. Banking. Budgeting. Investing. Hodge Podge. 1pt. 1 pt. 1 pt. 1pt. 1 pt. 2 pt. 2 pt. 2pt. 2pt. 2 pt. 3 pt. 3 pt. 3 pt. 3 pt. 3 pt. 4 pt. 4 pt. 4pt. 4 pt. 4pt. 5pt. 5 pt. 5 pt. 5 pt. 5 pt. Final. .06 Converted to a percent, would be this. 6%. - PowerPoint PPT PresentationTRANSCRIPT
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Math Banking Budgeting InvestingHodgePodge
Final
.06Converted to a
percent, would be this.
6%
Figure Mary’s gross pay.
Makes $10 an hour and worked 30
hours.
$300(10 x 30)
Figure Tommy’s Net Pay.
Gross Pay = $546.00Taxes = $65.50
$480.50(546-65.50)
Add the following fractions:
1/4 + 1/12
1/3
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?
$229.68(32 x 8.25 = 264264 x .13 = 34.32
264-34.32
Which usually earns more interest,
a normal savings account or a certificate of
deposit?
Certificate of Deposit
(CD)
True or FalseA checking
account always earns interest.
False
Checks that have not been received and/or cleared by the bank
yet are known as these.
Outstanding
The process of making the bank
statement’s balance match your
checkbook balance is known as this
Reconciling
The book in which you keep records of
checks, deposits, debit card transactions, and
ATM withdrawals.
Check Register
Groceries are an example of this type of expense
Flexible or variable
Which of the following is NOT an expense:
FixedIncomeFlexible
Discretionary
Income
You should never budget more than this _________
Net pay
Will also accept Take Home pay or income
You should save this much of your
income
10%
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?
Deficit
$50
The biggest difference
between investing and saving is this word that begins
with an “R”
Risk
This is a pool of stocks, bonds, and other securities managed by
an investment company. Individuals can buy shares of the fund and profit from its
investment gains. When you purchase this, you own a little
bit of all kinds of different stocks, so your risk is lower.
Mutual Fund
When you own shares of stock,
you are known as this.
Shareholder
Take a look at the Google Stock chart
If the market were to close at the last point you see on the chart, would it close at a higher or lower number than it started with for the day?
Higher
WMT and
ATT are examples of these symbols that you might find on the stock market
Ticker
Honesty and family are
examples of these
Values
Food, shelter, and clothing are examples
of these
Needs
Which is the best deal?
14 oz. for $1.85
Or
10 oz. for $1.53
14 oz. for $1.85
You should spend no more than this on
rent/housing. Which is correct?
50%, 45%, or 33%
33%
Macy makes $48,000 a year.
What is her monthly salary?
$4000
FINAL JEOPARDYRules: You may wager/bet up to all of your
points that you received in the game.
TOPIC: NET PAY
Carrie worked 32.5 hours and gets paid
$8.57 an hour. Taxes/deductions are
12.5%. Figure Carrie’s net pay
$243.71