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Aim: How can we balance our checkbook accurately to keep a record of our finances?

Aim: How can we balance our checkbook accurately to keep a record of our finances? . Do Now: 1. Get calculator 2. Kelly is a bank teller. She earns $13.50 per hour. How many hours per week must she work if she wants to earn at least $550.00 per week?. Tuesday Oct. 14, 2013. Calculating pay:.

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Aim: How can we balance our checkbook accurately to keep a record of our finances?

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  1. Aim: How can we balance our checkbook accurately to keep a record of our finances? Do Now: 1. Get calculator 2. Kelly is a bank teller. She earns $13.50 per hour. How many hours per week must she work if she wants to earn at least $550.00 per week? Tuesday Oct. 14, 2013

  2. Calculating pay: • Marneyis a sales associate. She earns an hourly rate of $9.40 and time and a half if she works any overtime. Last week she worked 28 hours plus 6 hours overtime. What is Marney’s: a) straight-time pay b) overtime pay c) total pay

  3. Aim: How can we balance our checkbook accurately to keep a record of our finances? Checking Accounts: Checking accounts are used for depositing currency and checks and for writing checks to pay expenses. A checking account is a safe place to hold money, and its records provide information for tracking expenses. Terms • Currency • Deposit

  4. Aim: How can we balance our checkbook accurately to keep a record of our finances? Transaction Vocabulary Checks, currency or coins put into a bank account: ____________ Taking money out of a bank account: ________

  5. Aim: How can we balance our checkbook accurately to keep a record of our finances? Bank Statements/Reconciliations In the present day most people have moved away from using a checkbook to balance their account. Why is it important to check the bank statement/reconciliation if you are not going to use a checkbook?

  6. Aim: How can we balance our checkbook accurately to keep a record of our finances? Checking for Understanding Christopher’s checking account has a beginning balance of $576.34. He wrote two checks. The first one was for $123.90. he forgot to record the second check in his checkbook. His current balance is $235.78. What was the amount of the second check?

  7. Calculating pay: • Mariana is a licensed physical therapist assistant. She earns an hourly rate of $10.50 and time and a half if she works any overtime. Last week she worked 21 hours plus 4 hours overtime. What is Mariana’s: a) straight-time pay b) overtime pay c) total pay

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