Vocabulary
What are the different forms of income?
Salary, wages, allowance, passive income, gifts (rental)
You buy a bottle of Coke for $2.00.
There is a sales tax of 9%.
What is the total cost of the Coke?
$2.18
You bought 5 cakes for a total of $75. How much was 1 cake?
How old is Miss Melissa?
A gorgeous 36
What is the difference between a Debit card and a Credit card?
Debit card uses the money you already have in your bank account.
Credit card uses borrowed money from the credit company that you must pay back.
You get your paycheck of $3400 but get an income tax of 12%.
How much Net income did you make?
$2992
Taylor Swift had tickets on sale for $75.35. Emma decided to buy 4 tickets.
How much is the total?
$301.40
What is the exact date of the last day of school?
(Need: Day/Month/Year)
June 13th, 2024
13/06/2024
What does GST stand for?
Goods and Services Tax
Roman spends the following money on Roblox over the course of the month.
$14.54, $23.90, $45.31, and 179.28.
If there was a 9% GST on each purchase. How much total money did Roman spend?
$286.70
There are TWO deals at the grocery store for cookies. One box of cookies costs $15.40
Deal 1: Buy 4 boxes cookies get the 5th one free.
Deal 2: Buy 5 boxes get 15% off the total.
Which deal is better and how much would it be for 5 boxes?
Deal 1 is better, costing $61.60
What is the name of the Primary Head Principal at CIS?
Mr. Marshall
Name one way to improve your Credit Score?
Make constant payments on time.
Keep a low balance.
Etc..
Carol loves to play video games and can't decide if she wants the PS5 or Xbox Series X. She wants to buy the cheapest one.
The PS5 costs $735 with a 15% discount.
The Xbox costs $799 with a 22% discount.
There is also a 9% GST on each item.
Calculate the total cost of each item. Then decide which one Carol should buy.
PS5 = $680.98.
XBOX = $679.31.
Carol should buy the Xbox.
Yuxuan has $4500 in credit card debt. He is terrible with his money.
There is an annual interest rate of 18%. (Meaning 18% is spread out over 12 months).
He makes his first payment of $500.
After the interest rate is applied, what is his new balance?
$4060
How many students are at CIS? Can be within 100 people.
~ 3100 students