Ms. Chrysostom 1

Journal Entries

Ms. Chrysostom 2

Journal Entry #1 2/15/12

• You have a salary of $150. The government taxes you 27%.

• Your friend earns the same amount as you do, $150, from investments. He is taxed 15%.

• How do you feel about that?(Show your math calculation then state your opinion based on the math. )

Ms. Chrysostom 3

Journal Entry 2 2/16/12What is the total price with an 8% sales tax?

You have a $20 off coupon and a 20% off coupon. Which one is best to use with this bag?

Show your work to justify your answer.

Ms. Chrysostom 4

Journal #3

These boots are on sale for $99.99.There is an additional 20% off.There is also the sales tax of 8%.How much are you going to pay in total?