L1 Notes 1,2
Which coin is worth $0.05?
The nickel!
What is sales tax?
An extra fee that the government requires consumers to pay on purchases.
DOUBLE POINTS
What do sales taxes go toward?
These are payment methods.
What is CASH (currency, checks, debit cards) and CREDIT?
What is the rounding rule for the thousandths place?
__ - __ round down
__ - __ round up
0-4 round down
5-9 round up
I reckon we're winding down since y'all never go for the 100's first... which is fair. Except this time, this square is WORTH 200 POINTS!!!! WHAAAAT!?? OMG, okay. Calm down.
What MONTH is Ms. Sterling's birthday in? ๐๐๐
September
DOUBLE THE POINTS?
What daaaay? (Hint: Durham area code)
How much $$$ is this?

$33.68
What percentage is NC sales tax?
6.75%
When calculating sales tax, what is step ONE?
(Hint: BEFORE you multiply!)
You gotta change the percentage to a decimal! 6.75% to 0.0675
What are the THREE types of restaurants?
Fast-food
Casual dining
Fine dining
DOUBLE THE POINTS?
Give me an example of each.
What are the three rules for ways to shop and save?
1. Plan before you shop
2. Comparison shop
3. Use incentives wisely
DOUBLE THE POINTS?
Tell me what these mean. How would you use them?
How much $$$ is this?

$167.64
What is the DECIMAL used when calculating sales tax?
0.0675
These are the 3 methods for making purchases:
What is a RETAIL, ELECTRONIC, and VENDING MACHINE purchase?
DOUBLE THE POINTS?
Give me an example for EACH type.
Which two types of restaurants should you TIP at?
Casual and fine dining. Wherever you have a waiter!
What is UNIT PRICE?
The cost of one unit of a product.
Ex. 1 pound of bananas; 1oz of cereal
When counting money, what should you count first? Bills or coins?
After you separate the bills and coins, count the BILLS first, then the coins!
Calculate the SALES TAX for this purchase:
Ms. Sterling bought some coffee for $6.50. How much was the sales tax?
$6.50 x 0.0675 = $0.44
Which purchase method allows for in-person purchases made at a store?
RETAIL purchase!
What's the fancy word for TIP?
(Hint: it starts with a G)
Gratuity
Unit Price = Total Cost รท Total Quantity
You're working as a cashier. A customer gives you two $20 bills, three $5 bills, two $1 bills, three quarters, 2 nickels, and 2 pennies.
How much did the customer give you?
$67.87
Calculate the TOTAL COST for this purchase:
Chris went to Shortstops and bought a burger meal. The sales price was $12.99. How much did he have to pay at the window?
$12.99 x 0.0675 = $0.88
$12.99 + $0.88 = $13.87
What are some things you can do to protect your privacy while making an electronic purchase?
Use private wifi
Check the website security
Use strong passwords
How do you calculate the total cost of a bill that is $42.00 with a 20% tip?
$42 x 0.20 = $8.40
$42 + $8.40 = $50.40
How do you calculate the SALES PRICE for a new fish tank?
Tetra 10 Gallon Tank: $52.99
SALE! 20% OFF YOUR PURCHASE!
$52.99 x 0.20 = $10.598 = $10.60
$52.99 - $10.60 = $42.39