Work_Section 3_Beg-Numeracy Work: Beginning Numeracy Section 3: Calculating Year-to-Date Amounts EL Civics 2011-13 Unit Description: This unit is divided into three sections with each section having 3 to 5 activities. This document contains teaching materials for Section 3. Section 1: Calculating Gross Pay Section 2: Calculating Net Pay Section 3: Calculating Year-to-Date Amount Ronald Hubbs Center EL Civics 2010-2013 1 Work_Section 3_Beg-Numeracy What is Year-to-Date? (S3-A1) Teacher’s Note: Show paystubs to students for them to find year-to-date information. Discuss what year-to-date means. Ronald Hubbs Center EL Civics 2010-2013 2 Work_Section 3_Beg-Numeracy Calculating Year-to-Date Net Pay (S3-A2) or Circle the person who has the highest net pay. 1. Mike: He makes $466 a week before taxes. He pays $78.29 for a federal tax. He pays $24.92 for Social Security. He pays $15.78 for Medicare and he pays $31.56 for state taxes. After taxes, how much money does he make a week? __________ After taxes, how much money does he make a year? __________ 2. Laura: She makes $2,100 a month before taxes. She pays $381.43 for a federal tax. She pays $85.46 for Social Security. She pays $68.32 for Medicare and she pays $200.35 for state taxes. After taxes, how much money does she make a month? __________ After taxes, how much money does she make a year? __________ 3. David: He makes $26,400 before taxes. He pays $4,234.76 for a federal tax. He pays $1,045.23 for Social Security. He pays $543.23 for Medicare and he pays $2,145.23 for state taxes. After taxes, how much money does he make a week? __________ After taxes, how much money does he make a month? __________ Ronald Hubbs Center EL Civics 2010-2013 3 Work_Section 3_Beg-Numeracy Calculating Pay from Yearly Salary (S3-A3:Beg-1) Division: (÷) Dividing a big number into smaller parts. 16 ÷ 2 = Dividing 16 into 2 different groups = 8 and 8 16 ÷ 2 = 8 Example: Sam has a job that pays $24,000 a year. How much money does he make a month? (Hint: 12 months = 1 year) $24,000 ÷ 12 months = $2,000 a month 1. Yearly salary: $48,000 Monthly salary: $ _________ 2. Yearly salary: $36,000 Monthly salary: $ _________ 3. Yearly salary: $72,000 Monthly salary: $ _________ 4. Yearly salary: $60,000 Monthly salary: $ _________ 5. Yearly salary: $14,400 Monthly salary: $ _________ 6. Yearly salary: $30,000 Monthly salary: $ _________ (Hint: 52 weeks in one year) 7. Yearly salary: $28,600 Monthly salary: $ _________ Weekly salary: $ _________ Ronald Hubbs Center EL Civics 2010-2013 8. Yearly salary: $20,800 Monthly salary: $ _________ Weekly salary $ _________ 4 Work_Section 3_Beg-Numeracy Calculating weekly and monthly pay (S3-A3:Beg-2) Division: (÷) Dividing a big number into smaller parts. 16 ÷ 2 = Dividing 16 into 2 different groups = 8 and 8 16 ÷ 2 = 8 Example: Sam has a job that pays $24,000 a year. How much money does he make a month? (Hint: 12 months = 1 year) $24,000 ÷ 12 months = $2,000 a month How much money does he make a week? (Hint: 52 weeks = 1 year) $24,000 ÷ 52 weeks = $461.53846 = $461.53 1. Yearly salary: $48,000 Monthly salary: $ _________ Weekly salary: $ _________ 2. Yearly salary: $36,000 Monthly salary: $ _________ Weekly salary: $ _________ 3. Yearly salary: $72,000 Monthly salary: $ _________ Weekly salary: $ _________ 4. Yearly salary: $60,000 Monthly salary: $ _________ Weekly salary: $ _________ 5. Yearly salary: $14,400 Monthly salary: $ _________ Weekly salary: $ _________ 6. Yearly salary: $30,000 Monthly salary: $ _________ Weekly salary: $ _________ 7. Yearly salary: $28,600 Monthly salary: $ _________ Weekly salary: $ _________ 8. Yearly salary: $20,800 Monthly salary: $ _________ Weekly salary: $ _________ Ronald Hubbs Center EL Civics 2010-2013 5 Work_Section 3_Beg-Numeracy Calculate Year-to-Date Net-Pay (S3-A4) Teacher’s Note: Develop an activity in which students look at a number of sequential paystubs and calculate year-to-date information from those, such as gross pay, deductions, and net pay. Ronald Hubbs Center EL Civics 2010-2013 6 Work_Section 3_Beg-Numeracy Year-to-Date Word Problems (S3-A5) Teacher’s Note: Create word problems related to year-to-date gross and net pay. Have students calculate year-to-date gross pay, deductions, and net pay from these problems. Ronald Hubbs Center EL Civics 2010-2013 7 Work_Section 3_Beg-Numeracy Complete the Paystub Activity (S3) Teacher’s Note: Put student into groups of 3 or 4. Give each group a sample of a weekly or bi-weekly paystub. Tell them that everything stays the same on that paycheck week to week. Then have them calculate year-to-date amounts for gross pay, each listed deduction, and net pay for the following time increments: 6 weeks 3 months 6 months 1 year Ronald Hubbs Center EL Civics 2010-2013 8