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Warm Up

Calculate the total wages Hourly Rate Hours worked $9.00 38 $ 8.50 55 $7.25 40. Warm Up. CONSUMER FINANCE. Lesson 1.6 TIPS. Thinking Time. Do you know of any jobs that get tips?. VOCAB. Tip – is when you earn extra money given for good service. Directions.

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Warm Up

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  1. Calculate the total wages Hourly Rate Hours worked $9.00 38 $ 8.50 55 $7.25 40 Warm Up

  2. CONSUMER FINANCE • Lesson 1.6 TIPS

  3. Thinking Time • Do you know of any jobs that get tips?

  4. VOCAB • Tip – is when you earn extra money given for good service

  5. Directions • Calculate the persons total wages like we did last week • Calculate the persons tip money (if needed) • Add the two answers

  6. I DO (TIPS) Calculate the persons total wages including tips NAME Hourly Rate Hours Worked Tips • 1. Mike $3.15 40 $250 • 2. Jen $4.25 35 $5 ph • 3. Cole $3.50 50 $75 pd • 4. Dan $4.15 45 $375

  7. WE DO (TIPS) Calculate the persons total wages including tips NAME Hourly Rate Hours Worked Tips • 1. David $6.00 37 $100 • 2. Mary $4.25 42 $30 pd • 3. Karen $3.75 65 $10 ph • 4. Chris $2.95 70 $1500

  8. YOU DO (TIPS) Calculate the persons total wages including tips NAME Hourly Rate Hours Worked Tips • 1. Carissa $7.15 32 $350 • 2. Rob $5.15 40 $55 pd • 3. Bill $3.55 55 $725 • 4. Mark $2.90 80 $2 ph

  9. REVIEW • What did you learn to do today?

  10. HOMEWORK Calculate the persons total wages including tips NAME Hourly Rate Hours Worked Tips • 1. Buster $5.10 40 $115 • 2. Barry $4.05 47 $55 pd • 3. Kim $3.35 62 $15 ph • 4. Nicole $2.75 35 $125

  11. WARM UP Calculate the persons total wages including tips NAME Hourly Rate Hours Worked Tips • 1. Buster $3.75 35$135 • 2. Barry $4.15 43 $57 pd • 3. Kim $5.0552$23 ph

  12. CONSUMER FINANCE • LESSON 7 • Piecework

  13. VOCAB • Piecework – is work paid according to the number of units completed

  14. Question • What type of jobs get paid by piecework?

  15. DIRECTIONS(PIECEWORK) • Multiply • Items x Price

  16. I DO(Piecework) Calculate the employees total wages Items Rate • 1. 154 $0.19 • 2. 189 $0.09 Daily Production M T W TH F Rate • 1. 8 9 8 7 10 $4.25 • 2. 6 9 10 12 9 $3.20

  17. WE DO(Piecework) Calculate the employees total wages Items Rate • 1. 217 $0.08 • 2. 179 $0.12 Daily Production M T W TH F Rate • 1. 8 8 8 8 8 $6.22 • 2. 5 6 5 6 7 $8.97

  18. YOU DO(Piecework) Calculate the employees total wages Items Rate • 1. 188 $0.34 • 2. 315$0.13 Daily Production M T W TH F Rate • 1. 10 11 9 8 12 $4.87 • 2. 20 20 21 20 23$2.69

  19. Review • Today we learned how to calculate a person’s wages based on piecework

  20. Homework • Worksheet

  21. WARM UP Calculate the employees total wages Items Rate • 1. 188 $0.34 • 2. 315 $0.13 Daily Production M T W TH F Rate • 1. 10 11 9 8 12 $4.87 • 2. 20 20 21 20 23 $2.69

  22. CONSUMER FINANCE • Lesson 8 • Rounding Money

  23. VOCAB • Key Digit – is the number to be rounded

  24. DIRECTIONS (Rounding Money) • Look at the spot to the right of the spot you want • Round using that number • 5 and up means the number goes up 1 • 4 and down means the number stays the same • Remember • Dollars. Dime CENT

  25. I DO (Rounding Money) Round each problem to the nearest dollar, dime, and cent • 1. $5.01785 • 2. $1.333 • 3. $3.7759 • 4. $2.93

  26. WE DO (Rounding Money) Round each problem to the nearest dollar, dime, and cent • 1. $4.10 • 2. $4.499 • 3. $8.259 • 4. $3.204

  27. YOU DO (Rounding Money) Round each problem to the nearest dollar, dime, and cent • 1. $7.345 • 2. $5.3566 • 3. $7 • 4. $86.1193

  28. REVIEW • What did you learn today?

  29. HOMEWORK • Worksheet

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