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Today’s Topics

Today’s Topics. Find Discount Find tax Calculate simple interest. Do Now . Maria has an annual income of $32,000. If she saves 8% of her income, how much money does she save? John paid $3 tip for a taxi fare of $18.7. find the percent he paid for tip. Finding Discount.

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Today’s Topics

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  1. Today’s Topics Find Discount Find tax Calculate simple interest

  2. Do Now • Maria has an annual income of $32,000. If she saves 8% of her income, how much money does she save? • John paid $3 tip for a taxi fare of $18.7. find the percent he paid for tip.

  3. Finding Discount • Julia bought a dress for $54.60. The dress had a discount of 30%. Find the new price. • Discount • Final price

  4. Discount • Bruce went to a 40% end of ski season sale. How much did he pay for $1580 worth of regular priced merchandise? • Discount • Final Price

  5. Sales Tax • Francie bought a leather belt for $36 She paid 7% taxes, What was her final bill? • Find the tax amount • What is the total bill?

  6. Sales Tax • Robin bought a new car for $22,000. She had to pay 7% tax. What was her final price for the car?

  7. Simple Interest • Interest- money that is paid for use of money over a period of time. • Principal-The amount of money • Rate-the percent of the principal charges for the use of the money • Time usually expresses in years • I=PxRxT

  8. Simple Interest • Find the interest on $3000 for 2 years at a rate of 8% per year.

  9. Simple Interest • Kendra borrowed $4,125 from a bank at an annual interest rate of 18.5%. The term of the loan was 36 months. Find the simple interest and the total amount due on the loan.

  10. Simple Interest • Clint purchased a certificate of deposit for $2000. The certificate paid 6% simple interest per year. How much money will Bruce have in his account after 2 years.

  11. Percent Project • Each student will create a store with certain spatiality. You are going to make a poster and display all the items in the store. You will make up prices for the items as well as discounts for it as well. Next week you are going to shop at the other stores and calculate the discounted item and sales tax. • Project worth 30 points

  12. The Math Train rotation activityReview for Test • Each student gets a card and solve the problem on the card and become an “expert” in that problem • Students then trade their cards with their partner and try to solve the partner’s problem. If they have a question the partner can help them. • Students take their original problem back and go to work with a different partner

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