CU 5th Grade Algebra Worksheet

Name17.6
?
Personal Financial
Literacy—5.10.F
MATHEMATICAL PROCESSES
5.1.A, 5.1.E
Make a Budget
Essential Question
How can you make and balance a budget?
Unlock
Unlock the
the Problem
Problem
A budget is balanced when expenses equal income.
Answer the questions, make your choices, and fill in
the charts to make and balance a budget.
Extra Income!
Make a budget.
Mow lawn: $12
Your allowance is $20 per week. Circle one of these
ways to earn extra income. Decide how often you
will do it in one week.
Water neighbor’s plants: $6.75
Dog walking: $1.50 per dog per day
When you list your expenses, remember to include
funds for fun and entertainment, as well as
repeating expenses like lunch, bus fare, lessons
you pay for, regular donations, savings, and
emergency money.
A What is your weekly income?
Description
Amount
B What are your weekly expenses?
Description
Amount
Allowance
Other
Math Talk
Mathematical Processes
Total
Total
Income − expenses = __
Is your budget balanced? Explain
what you might do to have
more money available at the
end of the month.
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Redo your budget, if needed, to make expenses equal income.
• You forgot to budget $10 for a birthday gift for your best friend.
How can you adjust your budget to fit the new expense?
Module 17
647
Share
Share and
and Show
Show
Complete the tables to find Rob’s total income and total expenses for the week.
Use the tables for 1–3.
Income
Description
Expenses
Amount
Description
Amount
Allowance
$12
School lunches
$8
Washing windows
$10
Field trip
$10
Babysitting
$16
New jeans
$21
Gift
$10
Savings
$10
Total
$
Total
$
1. Is Rob’s budget for the week balanced? Explain.
Write Math
2.
How can Rob balance the budget?
3. Rob is saving for a tool kit. He needs $79.99 to buy the kit. If he continues
to save the same amount each week, how soon will he be able to buy it?
Problem
Problem Solving
Solving
4. Analyze For every $10 Zain earns, he will budget $2 for savings, $3 for special
5.
Multi-Step Rhonda budgets for the following expenses each week:
$5 for bus tickets, $20 for lunch, $10 for movies, and $5 for savings. Rhonda gets
$20 as her weekly allowance and $5 for each garden she weeds. If Rhonda’s
weekly budget is balanced, how many gardens does she weed each week?
6.
Hazem’s weekly income is $40. He budgets $20 for food and
entertainment each week and saves the rest of his income. How much money
will he save in 5 months?
648
© Houghton Mifflin Harcourt Publishing Company
purchases, $1 for donating to charity, and $4 for his regular expenses. If Zain
earns $200, how much will he budget for his regular expenses?
Name
Problem
Problem Solving
Solving
7. Multi-Step The tables show Diana’s income and expenses
for one week. Find the amount for other expenses that will
balance her budget for that week.
Income
8.
Expenses
Doing laundry for a neighbor: $12 per week
Donations to the animal shelter: $6 per week
Helping with homework: $5 per hour, 3 hours per week
Bus fare: $2 per day, 6 times each week
Selling old board games at a yard sale: $18
Savings $10
Allowance: $7
Snacks/entertainment: $14
Gift: $10
Other expenses $
Mia earns $15 from babysitting and $9 from
dog–walking each week. Her weekly allowance is $15. Mia
budgets a third of her income each week for savings and
the rest for repeated expenses. How much money does she
have in her budget for repeated expenses?
9. Record The tables show Han’s monthly budget. Complete
the tables to show the total income, total expenses, and the
amount of savings if the budget is balanced.
Income
Expenses
Description
Amount
Description
Amount
Allowance
$40
Lunch and snacks
$125
Paper route
$120
Entertainment
$25
Babysitting
$80
Savings
$
Total
$
Total
$
10. Tanja saves $75 each week. Her other expenses are four times
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the amount she saves. If Tanja’s weekly budget is balanced,
what is her weekly income?
11. Multi-Step Yoav earns $8 after taxes for every hour he works
at the grocery store. He works 15 hours each week at the
store. If Yoav budgets a third of his earnings for art supplies,
how much money does he have to spend on art supplies
each week?
Module 17 • Lesson 6
649
Mathematical Processes
M
Model ¥ Reason ¥ Communicate
M
Daily
Daily Assessment
Assessment Task
Task
Fill in the bubble completely to show your answer.
Use the chart for 12–13.
Madi’s March Budget
Income
Expenses
Allowance: $40
Book/music downloads: $26
Household chores: $20
Cat supplies: $22
Selling used video games: $10
Savings: $30
Gift: $15
Giving to charity: $15
12. Madi’s budget is not balanced. By how much must she reduce expenses
to balance her budget?
A
$85
C
$93
B
$18
D
$8
13. Madi reduces her monthly expense for book/music downloads to
$13. How much more money can she put away for savings and
still balance the budget?
A
$13
C
$30
B
$5
D
$35
14. Multi-Step Carlos is paid $17 per hour after taxes. He works 25 hours per
week. His weekly expenses add up to $476. How many more hours per
week would Carlos have to work to balance his budget?
A
1 hour
C
0 hours
B
3 hours
D
28 hours
TEXAS Test Prep
she budgets $10 for charity, $20 for savings, $20 for books, and $50 for
other expenses. If her income is $500 per week, how much does she give to
charity each week?
650
A
$500
C
$5
B
$50
D
$250
© Houghton Mifflin Harcourt Publishing Company
15. Georgette balances her budget by using this plan. For every $100 she earns,
Personal Financial Literacy—5.10.F
MATHEMATICAL PROCESSES 5.1.A, 5.1.E
H o mewo rk
and Practice
17.6
Name
Make a Budget
The chart shows Kristi’s January
budget. Use the chart for 1–2.
1. What are Kristi’s total expenses
for January?
2. How much will Kristi need to
Income
Description
Expenses
Amount
Description
Amount
Allowance
$50
Piano lessons
$80
Shoveling snow
$40
Snacks
$25
Tutoring
$35
Ski rental
$40
Dog sitting
?
Savings
$25
Total
Total
earn dog sitting in January for
her budget to be balanced?
3. Kristi is saving for a pair of binoculars. The binoculars cost $125.99. If
she saves an additional $2 each week, can she buy the binoculars in
5 weeks? Explain.
Problem
Problem Solving
Solving
The chart shows Donald’s expenses
for one week. Use the chart for 4–5.
Income
Description
4. What are Donald’s expenses for
the week?
Swimming lessons
Babysitting
Weeding garden
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5. How much does Donald earn for
babysitting if his weekly budget
is balanced?
Total
Expenses
Amount
$30
?
$10
Description
Amount
School lunches
$25
Bus Fare
$15
Movie
$8
Savings
$10
Total
Module 17 • Lesson 6
651
TEXAS Test Prep
Lesson
Lesson Check
Check
Fill in the bubble completely to show your answer.
6. Pilar has a plan for her budget. For every
$10 she earns, she will budget $4 for savings,
$4 for her regular expenses, and $2 for special
purchases. If her income is $64,000 per year,
how much does she budget for special
purchases?
A
$6,400
B
$25,600
C
$12,800
D
$32,000
7. Which statement is true about Mr. Simon’s
monthly budget?
A
His budget is balanced when his
monthly expenses equal total income
for the month.
B
His budget is balanced when total
monthly expenses are greater than his
income.
C
His budget is balanced when total
income is greater than his expenses.
D
His budget is balanced when his weekly
expenses are less than his monthly
expenses.
The chart shows Ellison’s April budget. Use the chart for 8–9.
Ellison’s April Budget
Expenses
Allowance: $20
Savings: $20
Yard work: $15
Donation: $10
Garage sale: $18
Baseball tickets: $35
Computer lessons: $16
Club dues: $10
8. Ellison is saving for a skateboard that costs
$49.75. If he continues to save the same
amount each month, how soon will he be able
to buy it?
A
3 months
C
3 weeks
B
2 months
D
2 weeks
10. Multi-Step Shelley earns $12 per hour after
652
9. Ellison decides to ask his parents for an
increase in his allowance so he can balance
his budget. How much more will Ellison need?
A
$6
C
$15
B
$5
D
$16
11. Multi-Step Tyrone earns $650 per week. This
taxes. She works 30 hours each week. Her
weekly expenses are $420. How many more
hours per week would she have to work to
balance her budget?
week, Tyrone wants to donate $100 to charity.
His weekly expenses are $595. How much will
Tyrone need to reduce his expenses in order to
make the donation and balance his budget?
A
6 hours
C
2 hours
A
$55
C
$50
B
5 hours
D
3 hours
B
$40
D
$45
© Houghton Mifflin Harcourt Publishing Company
Income
Name
17.7
?
Personal Financial
Literacy—5.10.E
Also 5.9.C
MATHEMATICAL PROCESSES
5.1.A, 5.1.D
Adjust a Budget
Essential Question
How can you balance a budget when expenses exceed income?
Families have many expenses. If they own a home, their budget includes
paying for a home loan. They may also budget for food, transportation,
utilities (electric, water, or natural gas bills), emergencies, savings, and
charitable giving.
Unlock
Unlock the
the Problem
Problem
The Smith family’s net monthly income is $3,350. The graph shows the
budget for the monthly expenses. The family car needs emergency
repairs that cost $725. How might the family change their budget
to pay for the car repairs and balance the budget?
Balance the budget.
Monthly Budgeted Expenses
The family income is $3,350.
1,000
What is the total of the budgeted expenses?
800
How much money is budgeted for emergencies?
600
__
So they need __ − __ or
Dollars
__
950
500
500
400
400
400
350
250
200
__ more to pay for the car repairs.
The family could try to decrease expenses,
such as ______.
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Expense Type
© Houghton Mifflin Harcourt Publishing Company
The family could try to increase income
by ______.
The family could withdraw money from their __ this
month and make it up in future months.
Module 17
653
Share
Share and
and Show
Show
Ryan’s Weekly Budget
Use the graph at the right for 1–3.
50
1. Ryan receives an allowance of $15 each week. He works shelving
books at the library 4 times a week and receives $20 each time.
He also gets $5 each week when he completes his chores at
home. Is Ryan’s budget balanced? Explain.
Dollars
40
28
30
20
20
20
12
10
10
10
2. Ryan does not do his chores this week. How much less is his
income than his expenses?
0
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3. Explain two ways Ryan might be able to balance his budget
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Expense Type
when he does not do his chores.
Math Talk
Mathematical Processes
Explain why balancing the
budget is important.
Problem
Problem Solving
Solving
5.
Write Math
How can you determine if a budget is balanced?
Write Math
How can you balance a budget if the expenses are
greater than income? Give examples.
6. Think about your weekly expenses. Name an expense that is easy to
reduce and one that is not.
654
© Houghton Mifflin Harcourt Publishing Company
4.
Name
Problem
Problem Solving
Solving
Use the table for 7–9.
7. Representations Michelle is a cook. Her net income
is $3,200 per month. Is Michelle’s monthly budget
balanced? Explain.
8.
9.
Multi-Step How can Michelle adjust the
expenses in her budget to balance it? Use the column to the
right to change amounts so her budget will be balanced.
Michelle decides to give up her
land-line telephone and reduce her
entertainment budget to $50. She also decides
to cater two parties to earn $250 for each party.
Use Michelle’s numbers to calculate if there is
enough money left over to buy an oven for $312.
Explain your reasoning.
Michelle’s Expenses
Rent
$675
Food
$800
Cable TV and Internet
$45
Land-line telephone
$29
Cell phone
$50
Clothes
$100
Savings
$200
Entertainment
$200
Loan payments
$250
Education
$150
Charitable donations
$200
Pet related
$75
Transportation
$385
Gas/oil/electric
$400
© Houghton Mifflin Harcourt Publishing Company
10. Multi-Step Alex works in a call center answering phones.
He earns $13 per hour after taxes and works 35 hours per
week. Each week, Alex is also paid $195 after taxes at his
part-time job. If Alex balances his budget, how much are
his weekly expenses?
Module 17 • Lesson 7
655
Mathematical Processes
M
Model ¥ Reason ¥ Communicate
M
Daily
Daily Assessment
Assessment Task
Task
Fill in the bubble completely to show your answer.
Use the chart for 11–12.
11. Which of the following changes can be made to
Dean’s January Budget
balance Dean’s budget?
Income
Expenses
A
Decrease the book purchases to $15.
Allowance: $25
Monthly cell phone: $18
B
Decrease the paper route income to $15.
Paper route: $20
Books: $20
C
Increase the movie rentals to $15.
D
Increase the paper route income to $22.
Movie rentals: $12
12. Multi-Step In February, Dean would like to get a new cell phone plan that
costs $30 per month. He can increase his paper route to $25 per month.
He would like to continue buying books and renting movies. Which of the
following will allow him to keep a balanced budget?
A
Keep his expenses the same, and increase his income by
$10 per month.
B
Spend no more than $15 on books and increase his income
by $5 per month.
C
Spend no more than $10 on books and $10 on movies.
D
Spend no more than $15 on books and $7 on movies.
13. Sandy’s expenses are greater than her income. Which of the following
could Sandy increase in order to balance her budget?
A
loan payment
C
charitable donations
B
music downloads
D
hourly pay
TEXAS Test Prep
balanced budget. If her other expenses are three-fourths as much
as her income, how much can she save each year?
656
A
$28,000
B
$700
C
$21,000
D
$7,000
© Houghton Mifflin Harcourt Publishing Company
14. Natalia’s net income is $28,000 per year. She would like to have a
H o mewo rk
and Practice
17.7
Personal Financial Literacy—5.10.E
Also 5.9.C
MATHEMATICAL PROCESSES 5.1.A, 5.1.D
Name
Adjust a Budget
Use the graph at the right for 1–2.
1. Jordan earns $10 each weekday for chores she completes
Jordan’s Weekly Budget
after school. Her mother pays her $20 on Saturday and
$15 on Sunday for helping with her catering business. Is
Jordan’s budget balanced? Explain.
Dollars
30
2. Next week, Jordan has a tennis match on Saturday and
cannot help her mother. What would be the difference
between her income that week and her expenses?
20
20
20
18
15
12
10
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Ho plies
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s
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Expense Type
Problem
Problem Solving
Solving
Use the table for 3–4.
3. Jesse earns $2,500 per month after taxes, working at a car
repair shop. Is his budget balanced? Explain.
4. Sometimes Jesse works on his friends’ cars on the weekend
© Houghton Mifflin Harcourt Publishing Company
and earns an extra $100 per car. How can Jesse balance his
monthly budget?
Jesse’s
Monthly Expenses
Rent
$795
Food
$750
Cable
$80
Electric bill
$225
Clothes
$125
Savings
$200
Car loan
$200
Gas
$150
Cell phone
$55
Entertainment
$100
Module 17 • Lesson 7 657
TEXAS Test Prep
Lesson
Lesson Check
Check
Fill in the bubble completely to show your answer.
5. Mr. Porter wants to spend an extra $150 this
weekend on a family outing to the state fair.
Which of the following could be a way to adjust
his budget to allow for the extra expense?
A
Work fewer hours this week.
B
Work overtime.
C
Give money to charity.
D
Increase gasoline usage.
6. Alexis earns $50 a day for five days this week.
Her weekly expenses are $280. How can she
balance her budget?
A
Increase her income $5 each day.
B
Increase her income $20 this week.
C
Decrease her expenses by $30.
D
Decrease her expenses by $20.
Use the chart for 7–8.
Tatiana’s March Budget
Income
Expenses
Allowance $40
Sports Equipment $25
House cleaning $25
Meals with friends $35
Acting lessons $15
7. Which of the following changes can be made
to balance Tatiana’s budget?
A
Decrease spending on sports equipment
to $20.
B
Increase income from house cleaning to
$30.
C
Increase spending on acting lessons to
$25.
Decrease spending on meals with friends
to $25.
D
8. Multi-Step Tatiana would like to buy soccer
shoes that are on sale for $30. She will use her
sports equipment budget for part of the cost.
Which of the following plans will allow Tatiana
to have a balanced budget?
A
Increase her income by $15.
B
Spend only $15 on meals.
C
Spend only $20 on meals and increase
her house cleaning income by $15.
D
Increase her income by $60.
He earns $12 per hour after taxes and works 24 hours each week.
His weekly expenses total $324. How many more hours would
Duke need to work to balance his budget?
658
A
1 hour
C
4 hours
B
2 hours
D
3 hours
© Houghton Mifflin Harcourt Publishing Company
9. Multi-Step Duke works at a grocery store sacking groceries.
Name
Unit 6 Assessment
Vocabulary
Vocabulary
Vocabulary
Choose the best term from the box.
1.
___ is the income that is left after taxes.
budget
(p. 629)
2. A ___ is money added to the cost of items
or services. (p. 623)
3.
____ is a portion of the value of an item,
gross income
income tax
net income
property tax
sales tax
such as land. (p. 623)
4. The total income before any taxes are taken out is ____. (p. 629)
5.
___ is money that is paid to a city, state, or the U.S. government
based on earnings. (p. 617)
Concepts
Concepts and
and Skills
Skills
6. The monthly income for a family is $2,000. The family’s monthly
© Houghton Mifflin Harcourt Publishing Company
budget is shown. Describe two ways the family could adjust their
budget to put $300 in a savings account each month. q TEKS 5.10.E
Monthly Expenses
Rent
$800
Utilities
$65
Food
$400
Entertainment
$300
Clothing
$300
7. What are some advantages and disadvantages of using a debit card
over a credit card? q TEKS 5.10.C
Unit 6
659
8. A family’s monthly income is $2,100. Their monthly budget
TEXAS Test Prep
is shown. How can the family balance their budget if their
rent increases by $250? q TEKS 5.10.E
Monthly Expenses
Rent
$900
Utilities
$75
Food
$600
Entertainment
$300
Clothing
$200
9. Martin gets a check for $25 for his birthday on May 8th. The next day,
he spends $16 on CDs and $2.50 on stamps. Complete the table to
calculate the amount Martin has in available funds now. q TEKS 5.10.D
Date
Description
Amount Received ($)
Expenses ($)
Available funds ($)
Balance: end of April
0
5/4
babysitting
30
30
5/6
allowance
15
45
5/6
save
5
40
10. The total cost of an item is $98. If the item is purchased using automatic
payments, the buyer will need to make four payments of $26. How much
more does the item cost when using automatic payments? Explain. q TEKS 5.10.C
660
© Houghton Mifflin Harcourt Publishing Company
11. Sally got a pay raise. Her gross income increased by $500 and her net income
increased by $417. By how much did Sally’s taxes increase? q TEKS 5.10.B
Fill in the bubble completely to show your answer.
TEXAS Test Prep
12. Maura pays $0.02 in sales tax for every $1 that she spends. If Maura
buys $60 worth of items, what is the total cost? q TEKS 5.10.A
A
$60
B
$0.02
C
$1.20
D
$61.20
13. Raul pays property tax in Dallas. On which of the following might Raul
pay property tax? q TEKS 5.10.A
A
clothing
C
salary
B
office space
D
groceries
14. Lorena makes a list of the taxes she pays each month.
How much does she pay in payroll tax? q TEKS 5.10.A
A
$418.24
B
$21.35
C
$177.59
D
$240.65
15. Ralph makes a monthly budget. His monthly allowance is $40. He
makes $25 each month from mowing the neighbor’s lawn. Ralph’s
monthly expenses are $75. How much does he need to earn from
babysitting to balance his budget? q TEKS 5.10.F
A
$75
B
$10
C
$50
D
$35
Lorena’s Taxes
Sales Tax : $24.65
Federal Income
Tax : $116.24
Property Tax : $216
Other Payroll
Taxes : $61.35
© Houghton Mifflin Harcourt Publishing Company
16. Which of the following can Chaseedah use to purchase an item if she
wants to pay for her purchase at a later time? q TEKS 5.10.C
A
debit card
B
check
C
money transfer
D
credit card
Unit 6
661
TEXAS Test Prep
Fill in the bubble completely to show your answer.
17. The price tags at a clothing store do not include the sales tax in the
prices. Chase buys $210 worth of clothing at the store. He hands the
cashier $250 and receives three $5 bills and 89 cents in change. How
much sales tax does Chase pay on his purchase? q TEKS 5.10.A
A
$24.11
C
$40
B
$15.89
D
$210
18. Reema pays $11.05 in property tax for every $1,000 in value of her
land. If Reema’s land is worth $100,000, what will she pay in property
tax? q TEKS 5.10.A
A
$1,000
C
$100,000
B
$11.05
D
$1,105
19. The Perry family’s monthly net income is $2,900. They budgeted $1,200
for rent, $600 for food, $600 for clothing, $500 for entertainment,
and $200 for travel expenses. Which of the following actions
results in a balanced budget? q TEKS 5.10.E
Increase spending on food by $100.
B
Decrease spending on food by $20.
C
Decrease spending on entertainment by $200.
D
Increase spending on entertainment by $200.
20. Gina’s gross monthly income is $1,000. The pay stub shows the
amount of taxes she pays each month. What is Gina’s net
monthly income? q TEKS 5.10.B
Record your answer and fill in the bubbles on the grid. Be
sure to use the correct place value.
2608
Employee:
Gina Sanchez
Pay period:
November
Total earnings
$1,000.00
Federal income tax $110.50
State income tax
$30.75
Other taxes
$18.75
Total taxes
Pay after taxes
Detach and retain for your records.
5-2_MTXESE086753_55A
662
5th pass
12-13-12
LKell
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