OBJECTIVES 5-1 CLASSIFIED ADS

Slides:



Advertisements
Similar presentations
Financial Algebra © Cengage/South-Western Slide INTRODUCTION TO CONSUMER CREDIT Become familiar with the basic vocabulary of credit terms. Become.
Advertisements

OBJECTIVES 6-1 LOOK FOR EMPLOYMENT
Financial Algebra © Cengage/South-Western Slide CLASSIFIED ADS Compute the cost of classified ads for used cars. Compute the cost of sales tax on.
6-3 COMMISSIONS, ROYALTIES, AND PIECEWORK PAY
Financial Algebra © Cengage/South-Western Slide 1 EMPLOYMENT BASICS 6-1Look for Employment 6-2Pay Periods and Hourly Rates 6-3Commissions, Royalties, and.
Automobile Ownership. Gas Prices How have gas prices changed over the last 60 years? YearPrice per Gallon
Compute the cost of classified ads for used cars. Compute the cost of sales tax on automobiles. Slide 1 OBJECTIVES.
Sales Tax and Discount In a department store, a $40 dress is marked, "Save 25%." What is the discount? What is the sale price of the dress? In a bicycle.
Financial Algebra © Cengage/South-Western Slide ELECTRONIC UTILITIES Compute the cost of cell phone calls, text messaging, Internet service, and.
PC1: I can calculate the price of an item after a discount has been applied. PC2: I can calculate the price of an item after sales tax has been applied.
5-5 LINEAR AUTOMOBILE DEPRECIATION
Financial Algebra © 2011 Cengage Learning. All Rights Reserved. Slide CLASSIFIED ADS Compute the cost of classified ads for used cars. Compute the.
6-3 COMMISSIONS, ROYALTIES, AND PIECEWORK PAY
5-6 HISTORICAL AND EXPONENTIAL DEPRECIATION
MEANING OF PERCENT A ratio of a number to 100 is called a percent. Percent means per hundred, and is represented by the symbol %. Any ratio with 100 as.
7-1 BUYING A NEW CAR OBJECTIVES: 1) CLASSIFY COSTS OF OWNERSHIP AND COSTS OF OPERATION FOR A CAR 2) CALCULATE EXPENSE PER MILE FOR A CAR 3) CALCULATE MARKUP.
Review Game Show Fraction and %’s Finding Percents.
Section 6.1 The Fundamentals of Algebra Math in Our World.
5 AUTOMOBILE OWNERSHIP 5-1 Classified Ads 5-2 Buy or Sell a Car
5 AUTOMOBILE OWNERSHIP 5-1 Classified Ads 5-2 Buy or Sell a Car
5 AUTOMOBILE OWNERSHIP 5-1 Classified Ads 5-2 Buy or Sell a Car
3-5 COMPOUND INTEREST FORMULA
Using the Percent Equation
6-3 COMMISSIONS, ROYALTIES, AND PIECEWORK PAY
Special journals: Purchases and cash Payments
Entry Task Twice a number increased by 10 equals 52, and 115 less than 3 times the number also equals 52 Write two quations that represent this situation.
Algebra 1B Name: _________________________
Topic 3 – Linear Functions, Equations, and Inequalities Class 5 – Point-Slope Form Mr. Solórzano – Algebra 1.
5-3 GRAPH FREQUENCY DISTRIBUTIONS
Sales Tax, Discounts, & Commission
5 AUTOMOBILE OWNERSHIP 5-1 Classified Ads 5-2 Buy or Sell a Car
WARMUP Helen took a job through an employment agency. The job pays $425 per week. She must pay a fee to the employment agency. The fee is 18% of her first.
6.1A Look for Employment.
Warmup Juan bought a used car for $8,600. It has a book value of $8,200. a) How much sales tax would he pay if the rate is 6%? b) How much ad valorum.
Percent and Problem Solving: Sales Tax, Commission, and Discount
HISTORICAL AND EXPONENTIAL DEPRECIATION
LOOK FOR EMPLOYMENT OBJECTIVES
Patterns in a Table of Values
Warmup Julio has $10,000 worth of property damage liability insurance. He caused an accident that caused $12,000 in damages to a house. How much of the.
Linear Automobile Depreciation
Warmup Roger started working for a new company. He gets 5 days paid vacation immediately. He gets another 5 days vacation for every 6 years he is at.
2-7 Notes for Algebra 1 Percent of Change.
January 2014 Compass Review.
5 AUTOMOBILE OWNERSHIP 5-1 Classified Ads 5-2 Buy or Sell a Car
Pay Periods & Hourly Rates
4-1 INTRODUCTION TO CONSUMER CREDIT Banking 11/27/ INTRODUCTION TO CONSUMER CREDIT OBJECTIVES Become familiar with the basic vocabulary.
Section 5-1 Looking for Employment
6-3 COMMISSIONS, ROYALTIES, AND PIECEWORK PAY
Bell Ringer No Bell Ringer today  You should still be sitting quietly in your seat. Have ALL materials ready to begin class as soon as the bell rings.
WARMUP John gets paid $10.50 per hour and works 32 hours per week. How much does he get paid each year? Karen worked 49 hours last week. She makes $9.25.
I. Evaluating Piecewise Functions
4 CONSUMER CREDIT 4-1 Introduction to Consumer Credit 4-2 Loans
2-4 Explore Compound Interest
RP Part 2 SBAC Review.
Section 6.2 Point Slope Form.
3-1 Introduction to Consumer Credit
WARMUP List 5 different ways people in different stages of their careers find employment?
6 EMPLOYMENT BASICS 6-1 Look for Employment
Algebraic Expressions and Equations that have Fractions in them
Property and Financial Claims
SECTION 9-2 pp Dealer’s Cost.
6-2 MODELING TAX SCHEDULES
What would his monthly payment be on a 3-year loan?
Warmup Frank and Lucia have an adjusted gross income of $124,498. They are looking at a new house. Their monthly mortgage payment would be $1, Their.
WARMUP George is getting a loan to buy a car. He will borrow $17,000 for 4 years at 7.2%. What are his monthly payments? How much in finance charges.
Bell Ringer No Bell Ringer today  You should still be sitting quietly in your seat. Have ALL materials ready to begin class as soon as the bell rings.
Unit 3 Functions.
What’s your nationality? Where are you from?
Advanced Financial Algebra
Date: ________ Date: ________ Date: ________
Presentation transcript:

OBJECTIVES 5-1 CLASSIFIED ADS Banking 5/9/2018 5-1 CLASSIFIED ADS OBJECTIVES Compute the cost of classified ads for used cars. Compute the cost of sales tax on automobiles. Chapter 1

Key Terms sales tax – A percentage paid to the government of sales on products or services domain – The set of all first elements, (x-values) of ordered pairs piecewise function – Also called a split function; it gives a set of rules for each domain of the function; c(x) is computed differently depending on the values of x cusp – On a graph, where two lines of a piecewise function meet

How do buyers and sellers use classified ads for automobiles? Here are some common car options that might be listed in a classified ad?

Example 1 Kerry purchased a used car for $7,400 and had to pay 8½% sales tax. How much tax did she pay?

CHECK YOUR UNDERSTANDING The sales tax rate in Mary Ann’s state is 4%. If she purchases a car for x dollars, express the total cost of the car with sales tax algebraically.

Example 2 The cost of a classified ad is determined by its length. John plans to sell his car and places a 5-line ad. The newspaper charges $31 for the first two lines and $6 per extra line to run the ad for one week. What will John’s ad cost to run for two weeks?

EXAMPLE 3 Jason works for the Glen Oaks News and is writing a program to compute ad costs. He needs to enter an algebraic representation of the costs of an ad. His company charges $42.50 for up to five lines for a classified ad. Each additional line costs $7. Express the cost of an ad as a piecewise function.

CHECK YOUR UNDERSTANDING The Smithtown News charges $38 for a classified ad that is 4 or fewer lines long. Each line above four lines costs an additional $6.25. Express the cost of an ad as a piecewise function.

Example 4 Roxanne set up the following piecewise function which represents the cost of an auto classified from her hometown newspaper. c(x) = 41.55 when x ≤ 6 41.55 + 5.50(x − 6) when x > 6 If x is the number of lines in the ad, use words to express the price c(x) of a classified ad from this paper.

CHECK YOUR UNDERSTANDING The following piecewise function gives the price p(w) of a classified ad in a classic car magazine. If w is the number of lines in the ad, use words to express the price p(w) of a classified ad from this paper. 60 when w ≤ 5 60 + 8(w − 5) when w > 5 p(w) =

Graph the piecewise function from Check Your Understanding (3). EXAMPLE 5 Graph the piecewise function from Check Your Understanding (3).

CHECK YOUR UNDERSTANDING Find the cusp of the graph of the following piecewise function. 42.50 when x ≤ 5 42.50 + 7(x − 5) when x > 5 c(x) =

Classwork #1 Sec 5.1 Workbook pg 65-66.