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Created by a CPA, this resource explains the difference between gross income and net income. This resource also includes two small projects - one project has the student calculate a net paycheck, or "take home" pay, from basic information; and the other project has the student calculate net income of a business. Teacher answer keys are included.
This resource is specifically designed to meet TEKS 5.10B and STAAR 5.10B standards. This resource has also been designed to address the Unit Understandings from the related TEKS Instructional Focus Document for Grade 5 Mathematics.
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