Follow the handout.
1. Determine your annual income by education level. (Remember there are 52 weeks in a year).
2. Use the tax information to determine your annual post tax income, your weekly post tax income and your monthly post tax income.
3. Follow expenses detailed on your life sheet (loans, support payments, living) and add in the misc. expenses on handout (Con Ed, Health insurance etc).
4. Do four writing sections as detailed on handout.
Project should be typed (extra points!) or neatly written. There should be a cover sheet, a tax calculation sheet, an expense sheet and 2 essay pages at least.
Email me with questions (jgagnon2@schools.nyc.gov)
Project is due January 2nd, no exceptions!
Friday, December 21, 2007
Tuesday, December 18, 2007
Monday, December 17, 2007
Friday, December 14, 2007
Weekend HW #52
- Write a paragraph detailing a job or career you could see yourself doing as an adult and why. (Please refrain from a sports or entertainment career, even if that's your goal pick a back up in case that doesn't work out).
- Discuss a reasonable salary that you would expect to receive from this career choice. (IE first year teachers w a bachelor's degree get paid approx. $42,000 annually. Accountants without a CPA b/w $38,000 and $50,000 depending on their experience).
- From this salary subtract a 33% tax rate (multiply the annual salary by .33 and then subtract this amount from the original salary).
- Lastly, discuss your understanding of taxes and the implications of taxes on your income.
This should be neatly written or typed with your name and date on the top.
Thursday, December 06, 2007
STUDY!
Review questions for tomorrow's quiz
1. 2x - 4x + 4 = 3(4 - 3x) + 6
2. A triangle has a perimeter of 9. Find x if the three sides are 1x, 1x, and 2x + 3
3. 2x/ 6 + x/12 = 1/18. Use the common multiple method to find x.
Hint common multiple 6*6, 12*3, 18*2
4. Verizon charges $18.45 per month and $0.14 per minute for calls. T-mobile charges $32.50 per month and $0.04 per minute. Determine how many minutes of calls per month makes the cost the same.
1. 2x - 4x + 4 = 3(4 - 3x) + 6
2. A triangle has a perimeter of 9. Find x if the three sides are 1x, 1x, and 2x + 3
3. 2x/ 6 + x/12 = 1/18. Use the common multiple method to find x.
Hint common multiple 6*6, 12*3, 18*2
4. Verizon charges $18.45 per month and $0.14 per minute for calls. T-mobile charges $32.50 per month and $0.04 per minute. Determine how many minutes of calls per month makes the cost the same.
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