FINANCIAL MATHS 1
FINANCIAL MATHS 1
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Topics: Calculating incomes, overtime pay, allowances, bonuses and holiday pay
Topics: Calculating incomes, overtime pay, allowances, bonuses and holiday pay
Financial mathematics topics in ONE bundle!
The bundle includes:
1. Calculating Wages and Salaries Series A
2. Calculating Wages and Salaries Series B
3. Calculating Wages Involving Overtime Pay Series A
4. Calculating Wages Involving Overtime Pay Series B
5. Other Incomes - Commission, Royalty and Piecework Series A
Grades 9 to 12 Math Financial Literacy Bundle 2 Calculating Interests
Financial mathematics topics in ONE bundle!
The bundle includes:
Grades 9 to 12 Math -Financial Literacy Bundle-PAYG Tax Return in Australia
Financial mathematics topics in ONE bundle!
The bundle includes:
Scaffolded Notes + Worksheets + solutions + mini folded notes to learn and practise how to calculate wages and salaries for various time periods.
Level of Difficulty: Beginner
Grades: 9th to 12th
Learning Outcomes:
• Calculate earnings from wages and salaries
• Calculate earnings from wages for a various time of periods, given an hourly rate of pay.
• Calculate weekly, fortnightly, monthly and yearly earnings
Financial Maths activity calculating wages and salaries
Pair Tasks and answer keys
Level of Difficulty: Advanced
Grades: 9th to 12th
Learning Outcomes:
Calculate earnings from wages for various time periods, given an hourly rate of pay.
Calculate weekly, fortnightly, monthly and yearly earnings.
Use classifieds and advertisements to compare pay rates and conditions for different positions (Problem Solving)
Financial Maths: calculating wages involving overtime pay.
Lesson notes, student note, worksheets and answer keys.
Level of Difficulty: Beginner (Easy)
Grades: 9th to 12th
Learning Outcomes:
Calculate earnings from wages for various time periods, given an hourly rate of pay, including increased rates for overtime and special rates for Sundays and public holidays.
Find the equivalent number of hours worked at normal pay.
Read an award or pay scale table and compare pay rates and conditions for different positions (Problem Solving)
Calculating wages involving overtime pay - Pair or Group Tasks
Lesson notes, student note, Student activities plus solutions.
Level of Difficulty: Advanced
Grades: 9th to 12th
Learning Outcomes:
Calculate earnings from wages for various time periods, given an hourly rate of pay, including increased rates for overtime and special rates for Weekends and public holidays.
Find the equivalent number of hours worked at normal pay.
Calculating Commission, Royalty and Piecework
Lesson notes, student note, worksheets and answer keys about calculating commission, royalty and piecework.
Level of Difficulty: Beginner (Easy)
Grades: 9th to 12th
Learning Outcomes:
· Calculate earnings from commission, royalty and piecework
· Work mathematically on variety types of commission or piecework
Financial Math lesson notes, student note, worksheets and answer keys about calculating allowances.
Level of Difficulty: Beginner (Easy)
Grades: 9th to 12th
Learning Outcomes:
· Calculate allowances
· Work mathematically on variety types of allowance
Financial Maths lesson notes, student note, worksheets and answer keys about calculating bonuses and incentives.
Level of Difficulty: Beginner (Easy)
Grades: 9th to 12th
Learning Outcomes:
· Calculate extra earnings such as bonuses and incentives
· Work mathematically on variety types of extra pay
Financial Maths lesson notes, student note, worksheets and answer keys about calculating holiday loading and holiday pay (Annual leave).
Level of Difficulty: Beginner (Easy)
Grades: 9th to 12th
Learning Outcomes:
· Calculate holiday loading and holiday pay
· Calculate holiday (leave) loading as 17.5% of normal pay for up to four weeks
· Calculate holiday pay as 4 weeks pay plus holiday loading
Scaffolded Notes about how to calculate wages and salaries for various time periods and overtime.
Grades: 9th to 12th
Learning Outcomes:
Calculate earnings from wages and salaries for various time periods, including increased rates for overtime.
Find the equivalent number of hours worked at normal pay.
Financial Mathematics Exit Tickets
For teachers to assess students’ understanding of how to calculate
hourly, weekly, fortnightly, monthly, and yearly earnings from salaries.
Grades: 9th to 12th
Skill Focus:
• Calculating elapsed time
• Rounding money to the nearest cent.
• Converting income from one period to another.
The estimated time for each exit ticket is 10 minutes to 20 minutes.
Learning Outcomes:
• Calculate hourly, weekly, fortnightly, monthly and yearly earnings from salaries
Also comply with Australian Curriculum:
- Calculate weekly or monthly wage from an annual salary, wages from an hourly rate (ACMGM002)
- Convert units of rates occurring in practical situations to solve problems (ACMEM015)
Financial Mathematics Exit Tickets
For teachers to assess students’ understanding of how to calculate earnings from wages in various time periods, given an hourly rate of pay, including increased rates for overtime and special rates for Sundays and public holidays.
Skill Focus:
• Calculating elapsed time
• Rounding money to the nearest cent.
• Converting income from one period to another.
The estimated time for each exit ticket is 10 minutes to 20 minutes.
Learning Outcomes:
Calculate earnings from wages for various time periods, given an hourly rate of pay, including increased rates for overtime and special rates for Sundays and public holidays.
Find the equivalent number of hours worked at normal pay.
Read an award or pay scale table and compare pay rates and conditions for different positions
Also comply with Australian Curriculum:
Calculate weekly or monthly wage from an annual salary, wages from an hourly rate including situations involving overtime and other allowances and earnings based on commission or piecework (ACMGM002)
Convert units of rates occurring in practical situations to solve problems (ACMEM015)
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