Personal Finance- 3/06/17

I.  Bellwork :

Art Van  has a 20% off sale and they will also pay 3x your sales tax.  You see a sofa priced at $3499.99  Sales tax is 6%. Round to the nearest penny. Show your work.

  1. What is the amount of the discount?
  2. How much will the sales tax discount be? (Use the discounted price)
  3. What is the final total cost?

II.  Objective:

  • Content OBJ: calculate discounts and sales tax on multiple Lang OBJ: explain how to calculate discounts and sales tax
  • Analyze and interpret financial information and source documents to record transitions

III.  Classwork

A.  H & R Block Budget Challenge:

  • Pay & Record Bills
  • Record transactions on Cash Flow Statement
  • Send Cash Flow Statement to Google Classroom

B.  Review: Discount & Sales Tax on iLearn

IV.  Discount & Sales Tax Test Tomorrow


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