Personal Finance- 2/17/17

I  Bellwork –

A   $3499 bedroom set is discounted by 25 %

  1. What’s the discount amount? Show your work
  2. What’s the sale price? Show your work

B.  You purchase $179.79 worth of merchandise at Macys and have a 20% off pass/

  1. What’s the discount amount? Show your work
  2. What’s the sale price? Show your work

 II  Objectives:

  • Utilize a Cash Flow Statement to manage and  money and monitor financial activity
  • Analyze and interpret financial information and source documents to record transitions
  • Calculate the amount of discount and sales price for an purchase.

III.  Classwork

A.  Record Pay Check & Pay Bills

  • Record transactions on Cash Flow Statement

B.  How to Get the Percent of Discount if You Know the Sale and Retail

  1. Copy Formula in your notebook
  2. Determining Discounts on iLearn

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