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7th Grade Math - Financial Literacy

7th Grade Math - Financial Literacy
Product Description
the student will be able to calculate the sales tax for a given purchase and calculate income tax for earned wages;
: identify the components of a personal budget, including income; planned savings for college, retirement, and emergencies; taxes; and fixed and variable expenses, and calculate what percentage each category comprises of the total budget;
: create and organize a financial assets and liabilities record and construct a net worth statement;
: use a family budget estimator to determine the minimum household budget and average hourly wage needed for a family to meet its basic needs in the student's city or another large city nearby;
: calculate and compare simple interest and compound interest earnings; and
: analyze and compare monetary incentives, including sales, rebates, and coupons.
Total Pages
15 pages
Answer Key
Teaching Duration
3 Weeks
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