Welcome to Business Math!
Welcome to the 1st semester of Business Math, 2015-2016!
Chapter Two
Friday, Aug. 28 (P) & Monday, Aug. 31 (W) White day Monday took the chapter one test because Thursday Seniors had a meeting during block 2, not enough time to take test. So....
We completed Chapter One's & Chapter Two's definitions and started lesson 2.1.
Tuesday, Sept. 1 (P) & Wednesday, Sept. 2 (W) Section 2.1 We will work with deductions from Gross Pay to find Net Pay. We will calculate the amount of social security & medicare deductions. Assignment: in Workbook Lesson 2.1 ALL Problems (pg. 13 & 14)
Thursday, Sept. 3 & Friday, Sept. 4 (W) Section 2.2 We will discuss and compare Job Benefits and Expenses Assignment: In Workbook, Lesson 2.2 ALL Problems (pg 15 & 16)
Labor Day Weekend Monday, Sept. 7 NO School ENJOY the Break!
Tuesday, Sept. 8 (P) & Wednesday, Sept. 9 (W) Section 2.3 Calculating adjusted gross income, taxable income, income tax due and income tax refund for single dependents. Assignment: In Workbook, Lesson 2.3 ALL Problems (pg 17 - 19)
Thursday, Sept. 10 (P) & Friday, Sept. 11 (W) Section 2.3 Continued work on income tax refund for single dependents. Assignment: Finish In Workbook, Lesson 2.3 ALL Problems (pg 17 - 19)
Monday, Sept. 14 (P) & Tuesday, Sept. 15 (W) Section 2.5 Learning how to keep a cash receipts record and a columnar cash payments record. Assignment: In Workbook, lesson 2.5 (pgs. 21-22) #1-6 All
Wednesday, Sept. 16 (P) & Thursday, Sept. 17 (W) Section 2.4 We will calculate State and City income taxes using a flat tax rate and graduated tax rate table. Assignment: In Workbook, Lesson 2.4 (pg. 20)
Friday, Sept. 18 (P) & Monday, Sept. 21 (W) Section 2.6 Preparing a Budget Assignment: In Workbook, lesson 2.6 (pgs. 23 - 25)
Tuesday, Sept. 22 (P) & Wednesday, Sept. 23 (W) Assignment: Review for chapter 2 test. In workbook page 26 "Term Puzzler" In Text book page 74 #1 - 8 and page 79 #10 - 20
Thursday, Sept. 24 (P) & Friday, Sept. 25 (W) Check any remaining Review problems for chapter 2 test, taking care of all questions. Then....in workbook pgs. 27 - 28, Integrated Project 2
Monday, Sept. 28 (P) & Tuesday, Sept. 29 (W) Chapter 2 TEST Today Notes on Chapter 3
Attachments
Chapter Three
Thursday, Oct. 1 (W) Worked on make-up and Completed Chapter 3's vocabulary.
Friday, Oct. 2 NO School.....Octoberfest
Monday, Oct. 5 (P) & Tuesday, Oct. 6 (W) Lesson 3.1 Checking Accounts You will prepare a deposit slip and record entries in a check register. Assignment: In Workbook, lesson 3.1 pgs.29-30.
Wednesday, Oct. 7 (P) & Thursday, Oct. 8 (W) Lesson 3.2 Electronic Banking You will record electronic banking transactions. And you will find account balance when banking electronically. Assignment: In Workbook lesson 3.2, pg. 31 #1-5
Friday, Oct. 9 (P) & Monday, Oct. 12 (W) Lesson 3.3 Online Banking You will calculate account balance needed to make online payments. Assignment: In Workbook lesson 3.3, pg. 32 #1-4
Tuesday, Oct. 13 (P) & Wednesday, Oct. 14 (W) Lesson 3.4 Check Register Reconciliation You will reconcile a Bank Statement and check register to correct any entry so both accounts agree on the same amount of money. Assignment: In Workbook lesson 3.4, pgs. 33-34 #1-4
Thursday, Oct. 15 & Friday, Oct. 16 Fall Break ..... NO School ENJOY!!
Monday, Oct. 19 (P) & Tuesday, Oct. 20 (W) Lesson 3.5 Other Reconciliation Problems You will reconcile a checking account with outstanding transactions and other errors. Assignment: In Workbook lesson 3.5, pgs. 35-36 #1-2
Wednesday, Oct. 21 (P) & Thursday, Oct. 22 (W) Lesson 3.6 Simple and Compound Interest You will calculate simple interest on savings deposits, compound interest on savings deposits, and interest using a compound interest table. Assignment: Lesson 3.6 in workbook, pgs. 37-38 #1 - 9
Friday, Oct. 23 (P) & Monday, Oct. 26 (W) rest of Lesson 3.6 compound interest with multiplier Assignment: Lesson 3.6 in workbook #10 - 18 AND pg 41 Term Puzzler
Tuesday, Oct. 27 (P) & Wednesday, Oct. 28 (W) Lesson 3.7 Money Market and CD Accounts You will calculate interest earned on special savings accounts and the penalty for early withdrawals from CD accounts. You will compare the interest earned on savings accounts and calculate the effective rate of interest. Assignment: In Workbook: Lesson 3.7 pgs.39-40 #1-16
Thursday, Oct. 29 (P) & Friday, Oct. 30 (W) Review problems for chapter 3 Test Assignment: In Text book: Pg. 124-125 #1-20
Monday, Nov. 2 (P) & Tuesday, Nov. 3 (W) Test Chapter 3 Fill in chapter 4 notes
Attachments
Business Math Chapter 4
Tuesday, Nov. 10 & Wednesday, Nov. 11 (w) Lesson 4.1 Promissory Notes Calculating interest on interst-bearing notes. Calculating using exact and ordinary interest method. And Calculating rate of interest Assignment: Wkbk pg. 46 - 48 #1-3, 4-36 even.
Thursday, Nov. 12 & Friday, Nov. 13 (W) Lesson 4.2 Discounted Promissory Notes. Calculating their interest and proceeds and the TRUE rate of interest. Assignment: Wkbk pg. 49 #1-5 ALL
Monday, Nov. 16 & Tuesday, Nov. 17 (W) Lesson 4.3 Interest Tables We will be calculating interest using simple interest tables. Finding the due date of a note. Finding the number of days between dates. Assignment: Wkbk Pgs. 50-52 #1-35 odd
Wednesday, Nov. 18 & Thursday, Nov. 19 (W) Lesson 4.4 Installment Loans Calculating.... 1. the installment price/finance charges on an installment plan purchase. 2. the number and amount of monthly payments. 3. the interest, principal payment, and new balance on an installment loan. Assignment: Wkbk pg 53-54 #1-14
Friday, Nov. 20 (P) & Monday, Nov. 23 (W) Lesson 4.5 You will calculate the finance changes on Rule of 78 loans. And you will figure the early loan repayment amounts. Assignment: Wkbk pg. 55 #1-9
Tuesday, Nov. 24 (P) & Monday, Nov. 30 (W) Lesson 4.6 We will figure the APR (Annual Percentage Rate) on a loan. Assignment: Wkbk pg. 56 & 57 #1-10
Wednesday, Nov. 27 to Friday, Nov. 29 Thanksgiving Vacation... NO School! ENJOY!
Tuesday, Dec. 1 (P) & Wednesday, Dec. 2 (W) Lesson 4.7 Credit Card Costs. We will identify important information found on credit card statements. We will verify transactions on the statements and calculate the cost of using a credit card. Assignment: Wkbk pgs. 58 - 59 #1-10
Thursday, Dec. 3 (P) & Friday, Dec. 4 (W) Lesson 4.8 We will use previous balance method and Adjusted balance method to calculate credit card finance charges. Assignment: Wkbk pg. 60-61 #1-4, 7, 8
Monday, Dec. 7 & Tuesday, Dec. 8 (W) Review problems for chapter 4 test. Classwork: In Text pg, 180 vocab. #1-8. Pg. 185 #11-20
Wednesday, Dec. 9 & Thursday, Dec. 10 (W) Test on chapter 4 Assignment: Wkbk pg. 62 Term Puzzler
Attachments
First Semester Final Exam
Friday, Dec. 11 (P) & Monday, Dec. 14 (W) Review for 1st semester's final exam
Tuesday, Dec. 15 (P) Block 1/2, Period 1 Study & Final Exam Block 3/4, Period 3 Study & Final Exam
Wednesday, Dec. 16 (W) Block 1/2, Period 5 Study & Final Exam Block 3/4, Period 7 Study & Final Exam
Thursday, Dec. 17 (P) Block 1/2, Period 2 Study & Final Exam Business Math Block 3/4, Period 4 Study & Final Exam
Friday, Dec. 18 (W) Block 1/2, Period 6 Study & Final Exam Business Math Block 3/4, Period 8 Study & Final Exam
Saturday, Dec. 19 through Monday, Jan. 4 Christmas and Winter Break! Enjoy the time off! See you next year, 2016!
Semeter one's Review for final exam
I have attached the answers for the semester one's final exam.
Attachments
Chapter 5
Tuesday Jan. 5 (P) & Wednesday Jan 6 (W) Lesson 5.1 We will calculate City and State sales taxes. We will calculate the total price on purchases that are taxed and some items that are not taxable. Assignment: In Workbook, Lesson 5.1 Page 67 #1 & 2.
Thursday, Jan. 7 (P) & Friday, Jan. 8 (W) Lesson 5.2 We will calculate the total cost when purchasing more than one of an item, extensions. We will calculate the total on the sales slip. Assignment: In Workbook, lesson 5.2 Pages 68 & 69 #1-4
Monday, Jan 11, Snow/Ice day. No School Tuesday, Jan 12 2-hr delay.
Tuesday, Jan 12 (W) & Wednesday, Jan 13 (P) Lesson 5.3 We calculate and compare unit prices. Then we will calculate the unit price when given a price for purchasing more than one of the same item. Assignment: In Workbook, lesson 5.3 page 70 #1-4
Thursday, Jan 14 (W) & Friday, Jan 15 (P) Lesson 5.4 We will compare prices of sales at different stores and in different amounts. We will compare the cost of rental options. We will compare the cost of renting vs. buying. Assignment: In Workbook, lesson 5.4 pages 71 & 72 #1-10
(2-hr delay for Mon. & Tues.) (Reviewing Lesson 5.3 and 5.4) Monday, Jan 18 (W) & Tuesday, Jan 19 (P) Lesson 5.5 We will calculate and compare the costs of connecting to the internet. We will calculate and compare the speeds on online connections. Assignment: In Workbook, lesson 5.5 page 73 #1 - 4
Wednesday, Jan 20 (W) All Day, Snow Day
Thursday, Jan 21 (P) & Friday, Jan 22 (W) We will continue & finish lesson 5.5. Plus review work.
Assignment: In Workbook, lesson 5.5 page 73 #1 - 4 & Pg. 74 Term Puzzler Plus: Regular book page 214 do #1 - 10 vocab and page 219 #11-20 All. Monday, Jan 25 (P) & Tuesday, Jan 26 (W)
We will finish checking regular book work pages 214 & 219 and in workbook page 74 the term puzzler THEN Take chapter 5 TEST on Wednesday & Thursday
Wednesday, Jan 27 (P) & Thursday, Jan 28 (W) Chapter 5 TEST Then Start Lesson 6.1
Attachments
Chapter 6
Friday, Jan. 29 (P) & Monday, Feb. 1 (W) Tuesday, Feb. 2 (P) & Wednesday, Feb. 3 (W) Lesson 6.1 Calculating the down payment, closing costs, and mortgage loan amount. Calculating the total interest cost of a mortgage loan. calculating the savings from refinancing mortgages. Assignment: In Workbook lesson 6.1 pages 77 & 78 #1-10
Monday, Feb. 8 (P) & Tuesday, Feb. 9 (W) Lesson 6.2 Calculating the costs of home ownership Calculating the cost of renting a home or apartment. Calculating the costs of renting vs. owning. Assignment: In Workbook Lesson 6.2, pages 79 & 80 #1-9
Friday, Feb. 12 (P) & Tuesday, Feb. 16 (W) Lesson 6.3 Calculating the decimal tax rate. Calculating property taxes for tax rates per $100 or $1,000. Calculating property taxes for tax rates in mills or cents per $1. Assignment: In Workbook lesson 6.3, pages 81 & 82 #1-8
Wednesday, Feb. 19 (P) & Thursday, Feb. 22 W) Lesson 6.4 Calculating property insurance premiums for homeowners. Calculating property insurance premiums for renters. Calculating how much can be collected on insurance claims. No Assignment
Friday/Monday, Feb, 12/15 (P) & Tuesday, Feb. 16 (W) Make-up Snow Day (Monday, Feb. 15) Complete and grade Lesson 6.4 IN Class Assignment: In Workbook lesson 6.4, pages 83 & 84 #1-11
Wednesday, Feb. 17 (P) & Thursday, Feb. 18 (W) Lesson 6.5 Calculating the MSRP for a new car, including optional equipment Calculating the delivered price and the balance due for new car. Calculating the delivered price and the balance due for used car. Assignment: In Workbook lesson 6.5, page 85 #1-5
Friday, Feb. 19 (P) & Monday, Feb. 22 (W) Lesson 6.6 Calculating average annual depreciation on a car. Calculating the rate of depreciation. Assignment: In Workbook lesson 6.6, page 86 #1-5 and page 91 theTerm Puzzler
Tuesday, Feb. 23 (P) & Wednesday, Feb. 24 (W) Lesson 6.7 Calculating car insurance premiums Assignment: In Workbook lesson 6.7, page 87 & 88 #1-6
Thursday, Feb. 25 (P) & Friday, Feb 26 (W) Lesson 6.8 Calculate the total amount paid and the finance charge for installment loan car purchase. Calculate the cost of leasing cars Compare the costs of leasing and buying cars. Calculate the cost of operating cars. Assignment: In Workbook lesson 6.8, pages 89 & 90 #1-10
Monday, Feb. 29 (P) & Tuesday, March 1 (W) Finish checking lesson 6.8 Assignment: In Text book pg. 271 #1-10 & pg. 277 #11-19. In Workbook, pg. 91 Term Puzzler
Wednesday, March 2 (P) & Thursday, March 3 (W) The first half-an-hour review then take Chapter 6 Test.
Attachments
Chapter 7
Wednesday, March 23 (P) & Thursday, March 24 (W) AND Monday March 28 (P) & Wednesday, March 29 (W) Lesson 7.1 Life Insurance Discussion with Life Insurance and impact on life in general. The students will be calculating life insurance premiums, calculating the net cost of life insurance, and calculating the cash and loan values of a life insurance policy. Assignment: In Workbook, pg. 95-96, lesson 7.1 #1 - 8
Tuesday, March 29 (P) & Friday, April1 (W) Lesson 7.2 Health Insurance We will calculate health insurance premiums, and calculating health insurance benefits and coinsurance. Assignment: In Workbook, pg. 97, lesson 7.2 # 1 - 5
Thursday, March 31 (P) & Monday, April 4 (W) Lesson 7.3 Disability Insurance We will be calculating disability insurance benefits. Assignment: In Workbook, pg. 98, lesson 7.3 # 1 - 4
Monday, (P) & Tuesday, (W) Lesson 7.4 Buying Bonds We will calculate the market price of bonds and calculate the total investment in bonds. Assignment: In workbook, pg. 99, Lesson 7.4 # 1 - 9
Wednesday, (P) & Thursday, (W) Lesson 7.5 Bond Interest Calculating bond income Calculating bond yield Calculating total cost of bonds Assignment: In Workbook, pg. 100 & 101, lesson 7.5 # 1 - 15
Friday, (P) & Monday, (W) Review for lesson 7.1 to 7.5 Quest Pgs. 337-338, vocabulary #1-8 and Problems #13-26. We will check in the last 20 minutes of class.
Tuesday, (P) & Wednesday, (W) Final questions for lessons 7.1 to 7.5 Then take Quest.
We will do Budgeting worksheets The worksheets will include taking taxes, medical insurance, various deductions to figure net wages. The worksheets will also cover finding the percentage used of their family budget for basic items in everyone's life. Assignment: A reading page, 3 budgeting worksheets.
On computer to find a job salary and any benefits to start our budgeting section. Then take chapter 7's notes for lessons 7.1 to 7.5.
Attachments
Circle Graph of Monthly Budget
Monday, April 25...........Complete own Budget & evaluating it.
Tuesday, April 26 And Wednesday, April 27......David Moore from John Moore Insurance Agency is our community contact for your insurance needs from your search on apartment or house and vehicle.
Thursday, April 28 and Friday, April 29.....Any wrap up with own budget, Pie chart of budget percent, any questions. Book budget Wksts and book work on 7.1 to 7.4
Monday, May 2 and Tuesday, May 3.....lesson 7.5 Bonds Wednesday, May 4 and Thursday, May 5.....quest over 7.1 to 7.5
Friday, May 6 and Tuesday, May 10.....I'm working on having our Banker representative, Mary Ann Jordan, from Jackson County Bank, return to help you to get a feel for the paper work and money needed to purchase you house that you have found during budgeting work.
Attachments
|