Wednesday, May 1, 2013

Work for Wednesday, May 1

Homework:  Family Pie Worksheet
Complete the table (copy link above in assignment title) based upon what your parent believes they budget per year in each of the categories. 
*It does not have to be precise, it is just an estimate. 
*It should not include the amount spent, just the percentage of income allotted. 
*Make sure you end up with 100% of the income designated somewhere!
*Calculators ARE allowed for this assignment.
The worksheet part of this assignment should be handed into the in-basket when you complete it ... I recommend you do this as soon as you can fit it in.

Finance Park Book:
#12) Family Pie, page 86.  Using the worksheet above, fill in the circle graph.  Make sure to label each of the categories and include the percent you are representing in each slice.  I recommend coloring your family pie the same (essentially) colors as the "Typical Family Budget" pie because it will allow you to quickly make comparisons.  This is not, however, required.
#13) Where is the Money, pgs 52 - 53.  Fill out the checks as we went over in class today; if you were absent, your parents will know how to fill it out too.  Answer the questions carefully!  This assignment is worth 10 points.  *no calculators
#14) Sales Receipt Analysis, pg 54.  Determine the 7% tax for each of the products, then the total amount needed to buy each.  This assignment is worth 7 points.  *no calculators

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