Topic 16 Financial Literacy

Money earned by working or providing a good or service.

• Deduction

• Income

• Tax

• Payroll

Tags

CCSS.L.4.6

CCSS.L.6.6

CCSS.RI.4.4

CCSS.RI.5.4

CCSS.W.5.2D

Money taken by the government to help keep the country running.

• Tax

• Income

• Deposit

• Debit

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

Find the cost with sales tax. Sales Tax is 7% or 0.07 times the price. The price is $22.

• $12.50

• $26.45

• $7

• $23.54

Tags

CCSS.6.RP.A.3C

Find the cost with sales tax. Sales tax is 8% or 0.08 times the price. The price is $19. The cost with sales tax is (a)  

• $20.52
• $8
• $21.20
• 24.52

Tags

CCSS.6.RP.A.3C

The amount of money you earn after taxes are taken out.

• Gross Income

• Net Income

• Income Tax

• Payroll Tax

Tags

CCSS.7.RP.A.3

The amount of money you earn before taxes are taken out.

• Gross Income

• Net Income

• Income Tax

• Sales Tax

Tags

CCSS.7.RP.A.3

Taxes you pay when you own a home or land.

• Income Tax

• Property Tax

• Sales Tax

• Payroll Tax

Taxes the government takes from the money you earn.

• Income Tax

• Payroll Tax

• Sales Tax

• Property Tax

Taxes you pay when you purchase a good or service.

• Property Tax

• Sales Tax

• Income Tax

• Payroll Tax

Money that is put into your bank account.

• Tax

• Budget

• Deposit

• Debit