Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Warm-Up • Multiply 1. 2. 3. 4. 5 x 7.25 25 x 8.00 40 x 8.35 37 x 3.15 Consumer Finance Chapter 1 Earning Money EARNING MONEY • Lesson 1 (AKA 1.1) • Wages VOCAB • Hourly Rate is the amount of money you earn in an hour • Wages is money you receive on payday Discussion • How many hours should a person work in a day? • How many hours should a person work in a week? • How many hours of work is considered full-time? DIRECTIONS • Multiply – Hourly Rate x Hours Worked I DO • Calculate the weekly wages Name 1. Inez 2. Earl 3. Brian 4. Edwina Hourly Rate $9.00 $7.56 $7.50 $8.95 Hours worked 40 38 40 40 WE DO • Calculate the weekly wages Name 1. Ciro 2. Cathy 3. Yoshitaka 4. Penny Hourly Rate $10.57 $6.13 $9.22 $9.56 Hours worked 37 39 40 40 YOU DO • Calculate the weekly wages Name 1. Terrell 2. Liam 3. Caitlyn 4. Brad Hourly Rate $7.87 $11.25 $10.75 $3.15 Hours worked 35 40 21 34 REVIEW • Today we learned how to calculate a person’s weekly wages – Just multiply the hourly rate and the number of hours worked HOMEWORK • Worksheet Warm-Up • Calculate the weekly wages Name – 1. Keenan – 2. Stacy Hourly Rate Hours Worked $9.25 40 $7.65 29 Consumer Finance Chapter 1 Earning Money EARNING MONEY • Lesson 2 (AKA 1-2) • Annual Wages VOCAB • Annual Wages is the amount of money you earn during a full year • Estimate is the when you round to make a problem easier Discussion • How many days are in a year? • How many weeks are in a year? • How many months are in a year? – What would these numbers be rounded? – Would this be an over estimate or an underestimate? Discussion • How many hours do you need to work to be considered full-time? • What is our “magic multiplying number?” DIRECTIONS • MULTIPLY – Hourly Rate x 2000 I DO • Estimate the annual salary – Name – 1. Rod – 2. Leroy – 3. Kim – 4. Lily Hourly Rate $6.50 $7.50 $8.98 $6.75 WE DO • Estimate the annual salary – Name – 1. Tony – 2. Jim – 3. Ann – 4. Rose Hourly Rate $7.15 $6.33 $11.15 $9.75 YOU DO • Estimate the annual salary – Name – 1. Abe – 2. Juan – 3. Alejandra – 4. Tiffany Hourly Rate $10.25 $8.35 $9.65 $7.40 REVIEW • Today we learned how to estimate annual wages – Just multiply the hourly rate and the number of 2000 • 2000 comes from 40 hours per week and 50 weeks in a year HOMEWORK • Worksheet