Test: TBD
Calculators allowed: YES
Notes allowed: Yes
Test: TBD
Calculators allowed: YES
Notes allowed: Yes
On the test I will show that...
I can calculate gross and net income, including taxes
I can identify needs vs wants and create a budget from a given income
I can apply the differences between debit and credit and describe credit and credit score
I can accurately enter deposits and withdrawals into a balance sheet
I can apply understanding of debt to categorize when to use acceptable debt or emergency funds and when to save up.
I can find percent of a number, specifically for a budget (eg. 30% of income should be spent on housing)
I can calculate unit price and identify the “better buy”
I can identify the purpose and proper use of a budget
Key vocabulary:
Budget
Credit
Credit rating
Debit card
Deposit
Withdrawal
Balance (of a financial account)
Gross salary
Net salary
Insurance
Liability (insurance)
Interest
Interest rate
Utilities (water, power, etc.)
Savings account
Checking account
On the test I will show that...
I can calculate gross and net income, including taxes
I can identify needs vs wants and create a budget from a given income
I can apply the differences between debit and credit and describe credit and credit score
I can accurately enter deposits and withdrawals into a balance sheet
I can apply understanding of debt to categorize when to use acceptable debt or emergency funds and when to save up.
I can find percent of a number, specifically for a budget (eg. 30% of income should be spent on housing)
I can calculate unit price and identify the “better buy”
I can identify the purpose and proper use of a budget
Key vocabulary:
Budget
Credit
Credit rating
Debit card
Deposit
Withdrawal
Balance (of a financial account)
Gross salary
Net salary
Insurance
Liability (insurance)
Interest
Interest rate
Utilities (water, power, etc.)
Savings account
Checking account
Not happy with your test score? Now what? You can retest for an improve grade.
Complete any missing work from the unit
Fill out the Request to Retest form.
Attached your test with corrections made to the incorrect problems