Personal Finance – 4/25/17

I. Bellwork

A. Show your work

A person makes $1500 semi-monthly. He works 46 hours in a week. What are his gross wages? Hint: figure out annual pay and then hourly pay
If you make $2800 bi-weekly and work 90 hours in that biweekly period, what are your gross wages?

II. Objectives

Interpret financial transactions and demonstrate how to manage finances and budget for future expenses.
Calculate gross wages by determining the yearly hourly wage and account for overtime

III. Classwork