These are expenses that fluctuate (go up and down), so you usually have more control over how much they will be.
What are variable expenses?
100
This is a fee collected by the government that supports programs that care for the elderly and disabled Americans.
What is Social Security Tax?
100
David spent $15 advertising his old DVD's to sell. He sold 8 DVD's for $7 each. This is David's profit.
What is $41?
100
Matthew makes $250 per week. This is his gross pay for a 12 week period.
What is $3000?
100
This is the nation average percent interest that credit card companies charge.
What is 15%
200
These are the costs of bringing goods to market. Costs of ingredients, materials, advertising, etc.
What are expenses?
200
These are common taxes that are taken from an employees paycheck.
What are Payroll Taxes?
200
Zack and Zane each spent $15 getting their comic books ready to sell. After they sold all of their comics they had $64. This is their profit.
What is $34?
200
Parker's gross pay is $3,600 a month from her job. This is her net pay after $1,096.75 is deducted for taxes.
What is $2503.25?
200
This is the median household income for the United States as of 2016.
What is $59,000.
300
This is a plan for managing your money during a given period of time.
What is a budget?
300
Schools, cities, and other local governments use these taxes to pay for schools, roads, hospitals, fire departments.
What are Property Taxes
300
Brooklyn washes cars for extra money on the weekends. She spent $10 for car soap and $3 for rags to use. If she charges $5 per car, this is the number of cars she will need to wash to make a $40 profit.
What are 11 cars?
300
Drake gets paid $125.25 each week that he works. Medicare and taxes take $35.25 from each of his checks. This is an equation that could be used to find n, the net pay Drake gets if he works every week for 1 year.
What is (125.25-35.25) x 52 = n
300
This is the simple interest formula.
What is I=prt or Interest = percent x rate x time
400
This is the amount of money the seller receives from the consumer when they buy the product or service.
What is the Selling Price?
400
This is the total amount of income that you receive from your wages before any payroll deductions.
What is Gross Income
400
I sold one of my most valuable football cards online for $125. That made me a profit of $75. This is the original price of the baseball card.
What is $50?
400
Kora discovered that 1/8 of her paycheck each week goes to medicare and taxes. If her gross pay each week is $96, this is Kora's net income.
What is $84?
400
This is (on average) the highest paying job in the state of Texas.
What is anesthesiologists?
500
This is the difference in the selling price and the cost of the seller.
What is profit?
500
When _______ are less than _______, we can say that a budget is "balanced."
What are "expenses" and "income?"
500
Misty made cupcakes for a bake sale. She sold 12 of her cupcakes for $3 each. If she spent $19.50 on supplies to make the cupcakes, and gave half of her profit to charity, this is the amount of money that Misty got to keep.
What is $8.25?
500
Lance pays out $56 a week to taxes and medicare. His net income each week is $102. This is an equation that could be used to find g, the gross income amount that Lance would make in 12 weeks.
What is 12 x (102 + 56) = g
500
This is the amount that the average American will spend per year on Christmas gifts and goodies.