Methods of Payment
Name 3 methods of payment.
Debit, credit, cash, e-transfer, electronic wallet (apple pay), cheque, coupon, gift card, etc.
What is a $1 coin called?
Loonie!
You buy a bag of mini eggs for $12 and a chocolate bunny for $3.50. What is your total?
(You don't have to calculate sales tax)
$12 + $3.50
= 15.50
What percentage is sales tax?
13%
What is Canada's national animal?
The beaver!
What is the difference between a debit card and a credit card?
A debit card pays with your money from your bank account.
A credit card borrows money from the bank that you have to pay back at the end of the month
How many quarters make up a dollar?
4 quarters in a dollar
If your total is $18.60 and you pay with a $20 bill, exactly how much change will you receive?
$20 - $18.60
= 1.40
What is sales tax?
Sales tax is an extra percentage charged on most items that the government uses to pay for things like healthcare, education, military, roads, policing, etc.
Who is the number 1 musical artist right now on Spotify?
TAYLOR SWIFT
This is an example of what method of payment?
"A card that is connected to your bank account. When you pay, they money goes from your account to the seller immediately"
Debit card!
Name the 5 Canadian coins
toonie, loonie, quarter, dime, nickel
What is five cents as a decimal?
$_______
$0.05
How do you find sales tax? (2 steps)
1. Find the total
2. Multiply the total by 1.13 to find the total after taxes
How do you spell Mr. A's first name?
Sean!
What happens if you don't pay back your credit card bill at the end of the month?
You will be charged more and more the longer you don't pay it!
What Canadian coin has a sailboat on it? How much is it worth?
Dime!
$0.10
If the answer on your calculator is 17.4 how many dollars and cents is that?
seventeen dollars and forty cents
A new skateboard costs $52. What is the total after tax?
$52 x 1.13 = 58
= $58.76
How old is Ms. McLaren
This is an example of what method of payment?
"A card you use to buy things that borrows money from the bank that you have to pay back at the end of the month"
Credit card!
Calculate the total (show picture*)
1 x $10 bill
1 x toonie
2 x loonies
2 x quarters
3 x dimes
3 x nickels
$14.95
You buy 3 candles for $13.50 each. What is your total?
(You don't need to calculate tax)
$13.50 x 3
= $40.50
What is one thing that there is no sales tax on?
Most groceries
Children's books
How do you spell *MY* last name?
McLaren