Help me with Checking Account register and Saving Account Register
Record the activation fee on February 1". Savings: Saving money for future large purchases (think that car you've been wanting) is important so you make sure you save money when you can. You already have a savings account that had a balance of $1200.00 on February 1". You have also found some items you no longer want no longer want and sell them. Record all this information on your savings account register. Selling Pokemon Cards: lemonades, and one of the Triple Chocolate Meltdown. Your waiter was great so you want to leave an 18% tip. What is your portion of the bill? _$2973 When you were younger, you loved Pokemon and collected cards. You kept them in excellent condition and tracked how much you spent on your collection. Alas, you no longer want the cards and have found nd have found a collector willing to pay Good Eats Restaurant you $175 for them. You figured you bought the cards for $125. oren lemonade 20279 What is the markup rate you earned? 40% 7 ounce Sirloin Steak Fiesta Lime Chicken Chicken Penne 6.49 Selling Nintendo DS Howyou pay with your us anymore and have 11 games as well. You want to sell these to make space in your $12 21 bought the DS for $125 and the games were $20 each, On March 27" you go out to a res $345 bill. Make sure you give me all the inform How much did you spend for the DS and 11 games total? 14.49% Restaurant: Wendy's You were able to get $50 for all. What was the percent of change?_ ordered (minimum 3 items) with cost: 2. Fries = 1.69 Interest Forned: You started the first month with $1200.00 in your savings account. You earn 4%% interest computed monthly. On the last 3. nuggets = 1.59 day of both months, compute the interest earned that month and your current interest earned that month and your current balance. Don't forget to add in your Subtotal $5.17 monthly savings to the balance and the interest at the end of the first month. Tax: (8.75%): 0.75 February end of month balance: $1242.92 Tip 20 x 1.77 $49.72 Total Bim: $7.69 March end of month balance: $1323.45 Entertainment March interest: 53.42 cost of the tickets including tax was $48.93. How much did your ticket cost? $48.93/7-$6.99 Clothing: You needed to buy a new outfit for a special party. So. you go to Kohl's on M after all the discounts on subtracted. Males You bought: You bough February Dress socks $3.99 Shoes $34.99 Scarf: 54.99 Shoes $34 99 $90.96 02 1421 03 Co 132 Bess7 07 $5 off coupon -$20 Ss off coupon $20 30% discount $21.29 30% encount _$21.29 Tax 6% $2.98 Tax ON _$2.98 08 10 11 14 Total cost: $46 69 otal cost $46.69 On March 18", you decide to have some 15 20 18 19 120 21 you will buy. You need to inject for about 25 people. Use the file Grocery Ad Consume you will get 2 % pounds in Store Cookie Shop Cookies 25 27 pack cans of soda $99.23 04 the store has Coca Cola 12 packs on sale but the store 29 calculate both unit costs. Coca-cola unit cost $2.75 $2.99 March Looking back at where you ate fast food over the past 2 mon What is the ratio of Mcdonald's to Starbucks? a 02 05 06 2. What is the ratio of Dunkin Donuts to all fast food?_2/5 08 09 10 11 12 13 15 16 47 18 19 20 Pay cell phone bill 21 Scenario You will be recording 2 months (Feb and March are examples in this document. You can choose any months) of income and expenses, for both a checking account and a savings account. This will show your knowledge of proportions, unit 30 21 01 03 es, sales tax, tip, discount, markup, simple interest, percent of change, and maintaining your bank balance. Because you are going to college, your parents are paying your rent, utilities, food, car insurance and other big bills. You do have a part-time job and are expected to cover some of your expenses as given in the instructions. The calendars give you the dates that income and expenses happen. Use these dates for filling out your bank account register. The register must include the date, transaction description, credit/debit, and current balance. You can use a standard check register, Excel spreadsheet, or handwritten register. You are asked to calculate some amounts and figure out other informa ion throughout these instructions. Checking Account Register Beginning Information: You begin the month with $64.27 in your checking account and $1200.00 in your savings account. or Date C DEAR (.) Credit [+) Job: 1/31/2016 Balance Your job pays you $9.25/hr You work 15 hours/week Between income taxes and other deductions, your company takes 15% for income tax, 6.2% of Social Security, and 1.45% for Medicare, out of your paycheck before they deposit your take home pay into your bank account every Friday beginning February 5th. How much do you take home (earn) each week? $107.70 Savings: It is important to pay yourself first in the form of putting money into your savings account. Each paycheck, deposit 10% of your take home pay into your savings account. Amount deposited every week into savings: $10.77 How much will then go into your checking account: $96.93 * Deduct savings amount from take home pay before recording pay deposit into your checking account! Monthly Expenses: Gas (for your carl: On February 6", you had to fill up your tank. You bought 12.2 gallons for $1.87/gallon. How much did you spend on gas? $22.93 On February 17th, you had to fill up your tank. You bought 14.5 gallons for $1.80/gallon. How much did you spend on gas?_$26.10 What was the percent of change, to the nearest tenth, for price of gas from the 6th until the 17th? 3.7% (decrease) In March you filled up twice. On March 3"d you spent $25.00 and on March 22d you spent $21.47. if you bought 13 gallons for $25.00, how much did you pay per gallon? _$1.92/gallon The second time you bought 11.5 gallons for a total of 24.5 gallons in the second month. You drove 539 miles on the 24.5 gallons. Savings Account Register How many miles per gallon did you get? _22 mpg Make sure your record your gas purchases on you bank register. Cell phone: You have to get a new cell phone and plan and have a choice of two plans and will choose the cheaper plan. Both plans require a 24 month contract so calculate total cost of both plans for 24 months. Verizon AT&T Unlimited Talk and Text and 3 GB data /month Unlimited Talk and Text and 2 GB data/month Purchase iPhone 5s through monthly payments Purchase iPhone 5s upfront $30 one-time activation fee $45 one-time activation fee $499.99 Cost of iPhone 5s $45/mo plan fee $70/mo plan and line fee $20/mo line fee $18.74/mo phone payment Plan cost for 24 months (don't forget 6% sales tax Plan cost for 24 months (don't forget 6% sales tax to total plan cost): to total plan cost): 2122.80 2280.79 Which company are you going with? Verizon What is your monthly cell phone bill? _$83.74 Cost of phone, line, and plan plus 6% sales tax. Do NOT include the activation fee in this amount. Record the activation fee on February 1"