Warm Up 2345 x.12 2345 x.12 2345 + 3456 2345 + 3456 1234 x.19 1234 x.19 1234 + 2345 1234 + 2345.

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Presentation transcript:

Warm Up 2345 x x x x

Consumer Finance Chapter 1: Earning Money Lesson 12: Salary Plus Commissions

VOCAB None None

DIRECTIONS (Salary + Commission) Change % to decimal Change % to decimal Move the decimal 2 spots LEFT Move the decimal 2 spots LEFT Calculate commissions Calculate commissions Multiply Multiply Sales x Rate of Commissions = COMMISSIONS Sales x Rate of Commissions = COMMISSIONS Add Add Salary + COMMISSIONS Salary + COMMISSIONS Salary / the number of times each thing happens Salary / the number of times each thing happens

I DO (Salary + Commissions) Find how much each person makes Find how much each person makes SalesROCSalary 1. $300004%$ $ %$ $250005%$ $ %$20000

WE DO (Salary + Commissions) Find how much each person makes Find how much each person makes SalesROCSalary 1. $ %$ $ %$ $ %$ $ %$26500

YOU DO (Salary + Commissions) Find how much each person makes Find how much each person makes SalesROCSalary 1. $ %$ $ %$ $ %$ $477508%$35500

REVIEW Today we learned how to calculate a persons salary plus commissions Today we learned how to calculate a persons salary plus commissions

HOMEWORK WORKSHEET WORKSHEET

WARM UP – –

CONSUMER FINANCE Chapter 1: Earning Money Lesson 13: Net Pay

VOCAB Gross Pay – is your full earnings (before taxes) Gross Pay – is your full earnings (before taxes) Deductions – is money withheld from your paycheck Deductions – is money withheld from your paycheck Net Pay – is the amount of money you take home (after taxes) Net Pay – is the amount of money you take home (after taxes)

Directions (Net Pay) Gross Pay – All deductions Gross Pay – All deductions

I DO (Net Pay) Gross PayFed TaxState TaxS.S.MedicareHealth Calculate the persons Net Pay

WE DO (Net Pay) Calculate the persons Net Pay Gross PayFederal TaxState TaxS.S.MedicareHealth

YOU DO (Net Pay) Calculate the persons Net Pay Calculate the persons Net Pay Gross PayFederal TaxState TaxS.S.MedicareHealth

REVIEW What did you learn today? What did you learn today?

HOMEWORK Worksheet Worksheet

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