Percents

Hi Class!

We have been learning and working with percents in equations and proportions. Here is your assignment for today:

You have just graduated college and have found your dream job as a ________ (insert job here - i.e. teacher, writer, actor, pro football player, doctor, nurse, etc.)! Let's pretend you will be making around $1200 per month, depending on overtime, bonuses, etc. Now here is the deal - you need to make sure you manage your money wisely. Answer the following questions:

1) Your rent plus utilities (gas, water, internet, phone, etc.) is $540 a month! What percentage of your monthly income is this?

2) You spend about 6% of your income per month on your cell phone bill! What amount is this?

3) You usually spend around $200 per month on groceries. Find this percentage.

4) You spend about $40 per week on gas filling your car's gas tank! What percentage of your monthly income is spent on gas?

5) You like to use the remaining money and split it - using 60% on entertainment (movies, shopping, etc.) and putting the other 40% in savings. About how much money is spent on entertainment and how much is put in savings?

This should be a post on your blog. When you finish, move onto Study Island. :)