Download Budgeting & Banking Math (Practical Math in Context) by Lucia McKay, Maggie Guscott PDF

By Lucia McKay, Maggie Guscott

It can be crucial for college kids to appreciate the significance of coping with funds. This e-book contains real-life occasions that train the accountability of organizing funds and different very important banking talents. Grades 6-12.

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Sample text

She adds $25 to the fund each month. The repair shop allows her to pay $100 right away, and $50 per month without interest. Complete the table and fill in the blanks. 0 Month Balance of $520 $420 repair bill Emergency $350 fund 1 2 3 4 5 6 7 8 9 10 11 a. It takes Verity ______ months to pay off the bill. b. Verity has $________ left in her emergency fund when the repair bill is paid off. ✰ Challenge Problem You may want to talk this one over with a partner. You drive an old car. You have an unexpected fender-bender accident.

50 C $235 D $280 4. On the coldest day of the year, Verity’s furnace breaks. The repair costs her $520. Verity’s emergency fund has $350 in it. She adds $25 to the fund each month. The repair shop allows her to pay $100 right away, and $50 per month without interest. Complete the table and fill in the blanks. 0 Month Balance of $520 $420 repair bill Emergency $350 fund 1 2 3 4 5 6 7 8 9 10 11 a. It takes Verity ______ months to pay off the bill. b. Verity has $________ left in her emergency fund when the repair bill is paid off.

Electri*City charges a daily rate plus a per-mile charge. Mitchell asks how much Unit 5 • Rental Budgeting 56 Budgeting & Banking it would cost to drive 50 miles and 100 miles. 50 and $40. Later, he wonders what the per-mile charge is and what the daily rate is. Write two equations that you could solve together to find the answers. Answer: _________________________ and _________________________ 2. Jake’s band calls ahead to rent a minibus. The company quotes $60 per 24-hours. The company says they won’t charge for the next day if the bus is back less than an hour after it is due.

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