U1 Ch2: Taxes & Basics Classwork

Last updated 12 months ago

69 questions

Note from the author:

Instructions

Section 1: Paycheck Overview

Section 2: Types of Income

Section 3: Analyzing Percentages

Section 4: Function Notation and Evaluating Functions

Section 5: Review for Five Point Practice

Section 6: Function Domain and Range

Section 7: Apply It

U1 Ch2: Taxes & Basics Classwork

U1 Ch2: Taxes & Basics Classwork

What type of information should you see when you look at your paystub?

Why is it important for you to understand how to read your pay stub?

Pay amount BEFORE deductions is called

Pay amount AFTER deductions (take home pay) is called

If you don't get a paper check, where can you find your pay stub information about your taxes and deductions?

What are payroll deductions?

What deductions will almost everyone see on their pay stub?

What deductions will many people (but not all) see on their pay stub?

What does FICA tax include?

If you have an employer (you don't run your own business or work for cash), who pays the FICA tax?

Did you complete the EdPuzzle

What sections does EVERYONE have to do?

What is the main difference between salary and wage work?

What are two ways that you can earn income without working?

Did you complete the EdPuzzle

Read the articles and make some notes in the "Show Your Work" Box (use the text tool!) about things you found interesting for class discussion. How Many Followers Do You NeedInfluencers are Taking Over the World

What kinds of things do you think influencers spend their time doing? Describe what you think an average day for a social media influencer might look like.

How did your leap into becoming a social media influencer go? Were you able to achieve all of your goals? Which areas were you successful in and which were you not so successful in?

You had several opportunities to learn about things related to your craft, such as editing, photography, and market research. Why would it be important for an influencer to stay on top of these skills?

Sometimes the game would ask if you wanted to unplug or do things unrelated to your influencer lifestyle. Explain how taking some time off can actually help you build your brand.

Think about some of the things you would have given up by leaving your full-time job to become a social media influencer. What should someone consider before pursuing life as an influencer?

Look back at your answer to question 17: How did your experience in the game compare to your answer? What did you learn about what it’s like to become a full-time influencer?

Are you interested in being a social media influencer? Explain why or why not.

Kiki earned $500 gross pay this week. She had 16% of her check deducted. What was her deduction amount, in dollars & cents?

Kiki had $50 deducted from her pay this week, which was 18% of her check. What was her gross pay (the money she earned before taxes) Rounded to look like dollars & cents

Marco's gross pay was $450. He paid $52.43 in deductions. What percentage of his paycheck was deducted? Rounded to the nearest hundredth

Round to the nearest hundredth

Round to the nearest whole percent

Round to the nearest whole percent

Round to the nearest hundredth

Complete the exercise on IXL (click the link below, or search the shortcut code, or check your "From your teacher" on IXL). Work on it until you get a smart score of at least 75I.5 Percent of a number: tax, discount, and more - Shortcut code KZZWhat was your score?

Complete the exercise on IXL (click the link below, or search the shortcut code, or check your "From your teacher" on IXL). Work on it until you get a smart score of at least 75P.8 Find the percent: tax, discount, and more - Shortcut code PBMWhat was your score?

Write the function that shows the variable x is being increased by two, then that answer is being doubled.

Jeremiah makes $15 an hour working part-time at a local fast food restaurant. He pays approximately 11% in taxes on his earnings. If h is his hours worked, model his weekly after-tax wages as a function w(h) of hours worked.

Sarah goes to the grocery store and buys g packs of gum. Sales tax in Connecticut is 6.35%. If a single pack of gum costs $0.89, write a function p(g) to model the tax amount

The function f operates on variable x by tripling it, adding 5, and then doubling that quantity again. This can be modeled as f(x) = 2(3x + 5).What would be f(22)?

Same function as above - The function f operates on variable x by tripling it, adding 5, and then doubling that quantity again. This can be modeled as f(x) = 2(3x + 5).What would be f(-22)?

Jake works for State Farm. His annual salary is $95,000. He pays the usual 7.65% in FICA taxes. How much does he pay in FICA taxes?

The total price after sales tax in a particular town is modeled by t(x)=1.04x, with x being the price of the taxable products. If Mela buys $52 worth of taxable products, what is her total?

Kris makes $1,154 one week. She pays 22% in deductions for tax and insurance. How much money that week goes to deductions?

Jake from State Farm gets a raise. He now makes $110,000 per year. He also gets divorced, so he needs his own insurance and retirement plan. His deductions are now 28% of his gross pay. How much does Jake take home each year?

Looking at the paystub above, what percent of the total current deductions are tax deductions? Round to the nearest hundredth

Looking at the paystub above, if the health insurance was increased by $50, what percent of the total current gross pay would be deductions? Round to the nearest hundredth

Cade works as a landscaper, making $18/hr. The only pay deductions for Cade are federal FICA taxes (7.65%). Write a function to show Cade's take-home pay for h hours of work.

What type of information should you see when you look at your paystub?

Why is it important for you to understand how to read your pay stub?

Pay amount BEFORE deductions is called

Pay amount AFTER deductions (take home pay) is called

If you don't get a paper check, where can you find your pay stub information about your taxes and deductions?

What are payroll deductions?

What deductions will almost everyone see on their pay stub?

What deductions will many people (but not all) see on their pay stub?

What does FICA tax include?

If you have an employer (you don't run your own business or work for cash), who pays the FICA tax?

What are some reasons someone would choose to have deductions from their paycheck? (This means taken out before you even get it, not an autopayment from your checking account)

Did you complete the EdPuzzle

What sections does EVERYONE have to do?

What is the main difference between salary and wage work?

What are two ways that you can earn income without working?

Did you complete the EdPuzzle

Read the articles and make some notes in the "Show Your Work" Box (use the text tool!) about things you found interesting for class discussion. How Many Followers Do You NeedInfluencers are Taking Over the World

What kinds of things do you think influencers spend their time doing? Describe what you think an average day for a social media influencer might look like.

How did your leap into becoming a social media influencer go? Were you able to achieve all of your goals? Which areas were you successful in and which were you not so successful in?

You had several opportunities to learn about things related to your craft, such as editing, photography, and market research. Why would it be important for an influencer to stay on top of these skills?

Sometimes the game would ask if you wanted to unplug or do things unrelated to your influencer lifestyle. Explain how taking some time off can actually help you build your brand.

Think about some of the things you would have given up by leaving your full-time job to become a social media influencer. What should someone consider before pursuing life as an influencer?

Look back at your answer to question 17: How did your experience in the game compare to your answer? What did you learn about what it’s like to become a full-time influencer?

Are you interested in being a social media influencer? Explain why or why not.

Kiki earned $500 gross pay this week. She had 16% of her check deducted. What was her deduction amount, in dollars & cents?

Kiki had $50 deducted from her pay this week, which was 18% of her check. What was her gross pay (the money she earned before taxes) Rounded to look like dollars & cents

Marco's gross pay was $450. He paid $52.43 in deductions. What percentage of his paycheck was deducted? Rounded to the nearest hundredth

Round to the nearest hundredth

Round to the nearest hundredth

Round to the nearest whole percent

Round to the nearest whole percent

Round to the nearest hundredth

OPTIONAL CHALLENGE

Complete the exercise on IXL (click the link below, or search the shortcut code, or check your "From your teacher" on IXL). Work on it until you get a smart score of at least 75I.5 Percent of a number: tax, discount, and more - Shortcut code KZZWhat was your score?

Read the articles and make some notes in the "Show Your Work" Box (use the text tool!) about things you found interesting for class discussion.
How Many Followers Do You Need
Influencers are Taking Over the World

Complete the exercise on IXL (click the link below, or search the shortcut code, or check your "From your teacher" on IXL). Work on it until you get a smart score of at least 75

I.5 Percent of a number: tax, discount, and more - Shortcut code KZZ

What was your score?

Complete the exercise on IXL (click the link below, or search the shortcut code, or check your "From your teacher" on IXL). Work on it until you get a smart score of at least 75

P.8 Find the percent: tax, discount, and more - Shortcut code PBM

What was your score?

The function f operates on variable x by tripling it, adding 5, and then doubling that quantity again. This can be modeled as f(x) = 2(3x + 5).

What would be f(22)?

Same function as above - The function f operates on variable x by tripling it, adding 5, and then doubling that quantity again. This can be modeled as f(x) = 2(3x + 5).

What would be f(-22)?

Read the articles and make some notes in the "Show Your Work" Box (use the text tool!) about things you found interesting for class discussion.
How Many Followers Do You Need
Influencers are Taking Over the World

Complete the exercise on IXL (click the link below, or search the shortcut code, or check your "From your teacher" on IXL). Work on it until you get a smart score of at least 75

I.5 Percent of a number: tax, discount, and more - Shortcut code KZZ

What was your score?

Complete the exercise on IXL (click the link below, or search the shortcut code, or check your "From your teacher" on IXL). Work on it until you get a smart score of at least 75

P.8 Find the percent: tax, discount, and more - Shortcut code PBM

What was your score?

The function f operates on variable x by tripling it, adding 5, and then doubling that quantity again. This can be modeled as f(x) = 2(3x + 5).

What would be f(22)?

Same function as above - The function f operates on variable x by tripling it, adding 5, and then doubling that quantity again. This can be modeled as f(x) = 2(3x + 5).

What would be f(-22)?