# warm up 2345 x.12 2345 x.12 2345 + 3456 2345 + 3456 1234 x.19 1234 x.19 1234 + 2345 1234 + 2345

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Warm Up Warm Up 2345 x .12 2345 x .12 2345 + 3456 2345 + 3456 1234 x .19 1234 x .19 1234 + 2345 1234 + 2345

Post on 17-Jan-2016

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• Warm Up2345 x .122345 + 34561234 x .191234 + 2345

• Consumer FinanceChapter 1: Earning MoneyLesson 12: Salary Plus Commissions

• VOCABNone

• DIRECTIONS (Salary + Commission)Change % to decimalMove the decimal 2 spots LEFTCalculate commissionsMultiply Sales x Rate of Commissions = COMMISSIONSAddSalary + COMMISSIONSSalary / the number of times each thing happens

• I DO (Salary + Commissions)Find how much each person makesSalesROCSalary\$300004%\$500\$1200002.5%\$300\$250005%\$12000\$450003.5%\$20000

• WE DO (Salary + Commissions)Find how much each person makesSalesROCSalary\$3000004.7%\$250\$6709856.6%\$150\$355007.5%\$30000\$659855.5%\$26500

• YOU DO (Salary + Commissions)Find how much each person makesSalesROCSalary\$909855.4%\$200\$285403.2%\$475\$349857.9%\$27750\$477508%\$35500

• REVIEWToday we learned how to calculate a persons salary plus commissions

• HOMEWORKWORKSHEET

• WARM UP5230 + 36153987 + 38764567 48925123 - 5432

• CONSUMER FINANCEChapter 1: Earning MoneyLesson 13: Net Pay

• VOCABGross Pay is your full earnings (before taxes)Deductions is money withheld from your paycheckNet Pay is the amount of money you take home (after taxes)

• Directions (Net Pay)Gross Pay All deductions

• I DO (Net Pay)Calculate the persons Net Pay

Gross PayFed TaxState TaxS.S.MedicareHealth60096.8032.9737.208.7041.6350060.0724.95317.2539.3740345.5219.6224.995.8426.60776.97118.6238.9548.1111.2553.88

• WE DO (Net Pay)Calculate the persons Net Pay

Gross PayFederal TaxState TaxS.S.MedicareHealth120.7510.546.637.941.750360.5646.4319.7822.325.2251235.5021036.3042.9598.7521.253425.75512.24275.5035.5689.7512.35

• YOU DO (Net Pay)Calculate the persons Net Pay

Gross PayFederal TaxState TaxS.S.MedicareHealth2500750.5011020535.5047.50750.50123.5475.2531.3512.5001345.56235.7534.5645.6756.7802345.67850.50123.4597.4585.5056.50

• REVIEWWhat did you learn today?

• HOMEWORKWorksheet