Balancing a budget, differentiating between net and gross income, and knowing the types of taxes.
5.10(F) [Supporting] balance a simple budget.
5.3(E) [Readiness] Solve for products of decimals to the hundredths, including situations involving money, using strategies based on place-value understanding, properties of operations, and the relationship to the multiplication of whole numbers.
5.3(K) [Readiness] Add and subtract positive rational numbers fluently.
5.10(A) [Supporting] define income tax, payroll tax, sales tax, and property tax.
5.10(B) [Supporting] explain the difference between gross income and net income.
5.10(D) develop a system for keeping and using financial records.(not tested)
Adopted Textbook: Houghton Mifflin Harcourt - GO Math!
If you have questions or comments about the Panther Curriculum, please feel free to leave feedback for us.