Personal Finance F2016

Personal Finance – 11/03/2016

I.  Bellwork: Show Your Work A person makes $3200 bi-weekly. He works 46 hours in a week. What are his gross wages? Hint: figure out annual pay and then hourly pay A person makes $4800 monthly. He works 46 hours in a week. What are his gross wages? Hint: figure out annual pay and then […]

Personal Finance – 11/02/16

I.  Bellwork: Show Your Work A person makes $14/hr and works 43 hours. What are the gross wages? II.  Objective: Examine the importance of entrepreneurs in a market economy as they attempt to obtain capital and financing to support their endeavors. Demonstrate understanding of  visual information by restating, paraphrasing, summarizing, critiquing the entrepreneurs products and […]

Personal Finance – 11/01/16

I.  Bellwork 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 Content OBJ – use […]

Personal Finance – 10/31/2016

I.  Bellwork A.   How many standard work hours are in a: day week month year II.  Objectives: Content OBJ -calculate  gross pay based upon minimum wage laws Lang OBJ – create a thinking map  explaining how to calculate  gross wages based upon Michigan’s minimum wage laws. III.  Notebook  What is the Michigan Minimum Wage? IV.  […]

Personal Finance – 10/28/16

I.  Bellwork – Show Your Work A.  If you make $420 weekly and work 42 hours in that weekly period, what are your gross wages? B.  If you make $900 bi-weekly and work 83 hours in that biweekly period, what are your gross wages? II.  Objectives: Content OBJ -calculate  gross pay based upon minimum wage […]

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. Weekly pay Monthly Pay: Bi-Weekly Pay: 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 […]

Personal Finance – 10/26/2016

I.  Bellwork – Q&A How many weeks are in a year? How many weeks are in a month? Round to the 2nd decimal place Show Your work II.  Objectives: Content OBJ – Compute payroll, deductions, and net pay calculate annual, monthly, and semi-monthly Lang OBJ – explain verbally how to calculate annual, monthly, weekly, etc […]

Personal Finance – 10/25/16

I. Bellwork:  Show your work A.  You have $2000 in your account. You pay a bill by phone for $120. You use your debit card for purchases of  $485 and $135. You make two deposits, one for $200 and another for  $180.  You transfer $100 from your checking  to your savings account.  What is your […]

Personal Finance – 10/24/16

I.  Bellwork:  Show your work A.  You have $1000 in your account. You pay a bill by phone for $120. You use your debit card for purchases of  $405 and $235. You make two deposits, one for $400 and another for  $80.  You transfer $100 from your savings  to your checking account.  What is your […]

Personal Finance – 10/21/16

I.  Bellwork: A.  Show your work 1.  You have $1200 in your account. You write checks for $150, $45, and $65.. You make two deposits, one for $200 and another for  $180.  You transfer $100 from your checking to your savings account.  What is your balance? 2. You have $2500 in your account. You write […]

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