Personal Finance – 10/27/2016

I.  Bellwork

A.  Mike works earns $48,600 a year. Calculate the following to the nearest penny.  Show your work.

  1. Weekly pay
  2. Monthly Pay:
  3. Bi-Weekly Pay:
  4. Semi Monthly pay.

II.  Objectives:

  • Content OBJ – Calculate gross pay based upon yearly, monthly, bi-weekly and semi-monthly pay plans.
  • Lang OBJ – construct a brace map explaining how to calculate gross pay given various pay plans

III.  Notebook:

  • Brace Map – Determining Gross Pay
  • Double Bubble – Semi- Monthly vs. Bi-Weekly

IV.  Classwork

  • Budget Challenge – Record Bank Fees & Pay Phone Bill
  • iLearn – Gross Pay 6.1.02


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