These lessons are for the second quarter. Do you need to go back to Quarter 1? Skip to Quarter 3?

**Day 46**

1. On a piece of paper, complete exercises 11-14.

Show someone your work.

**Day 47**

1. On a piece of paper, complete exercises 15-20.

Turn in your work.

**Day 48**

1. We are going to learn about percentage discounts. Here are some terms you need to know.

* discount*: the amount the price is reduced. Find it by taking the regular price minus the sale price. (Some people call this your

*savings*.)

* discount percentage*: the percent of the original price that the item has been marked down. Find this by taking the discount divided by the regular price.

2. Read example 4 about discounts on medication. On a piece of paper, complete the checkpoint problem.

Show someone your work.

**Day 49**

1. We’re working with discounts again! This time read example 5 and look at the solution. Then on a piece of paper complete the checkpoint problem.

Turn in your work.

**Day 50***

1. Print and complete the worksheet Shopping for Discounts.

Turn in your work.

**Day 51**

1. On a piece of paper, complete exercises 13-16.

Show someone your work.

**Day 52**

1. On a piece of paper, complete questions 1, 2, 4, and 5.

Show someone your work.

**Day 53**

1. Now we’re going to talk about taxes! Read the section on consumption taxes and look at example 1.

2. On a piece of paper, complete the checkpoint problems.

**Day 54**

1. Suppose you don’t know the tax rate in your area, you just have the amount your purchase cost and the amount taxes cost. You can figure out what percent the tax rate is by taking the tax divided by the cost of your items. (tax/cost)

2. Read Example 2 and look at the solutions. On a piece of paper, complete the checkpoint problems.

**Day 55***

1. Print and complete the worksheet Adventures with Sales Tax.

Turn in your work.

**Day 56**

1. On a piece of paper, complete exercises 1-7.

Show someone your work.

**Day 57**

1. We’re going to learn about budgets! Read about creating a budget and the examples.

2. On a piece of paper, complete the checkpoint problems.

**Day 58***

1. Read how to write a check and about keeping a checkbook registry. ‘Balancing’ your checkbook means keeping track of how much money you spend because there is often a delay between spending money and when it leaves your account. Keeping track of it helps avoid **overdrawing** or running out of money without realizing it.

2. Create and print a practice problems with checks worksheet and fill in the checks.

3. On a piece of paper, complete the checkpoint problem.

Turn in your work.

**Day 59***

1. When you write a check and there’s not enough money in your account for the person to cash it, it’s called a bad check (or we say that the check ‘bounced.’) Read about bad checks and the fees some banks charge for them. What happens when you bounce checks?

2. On a piece of paper complete the checkpoint problem.

3. Do you remember how to fill out checks? Create and print a practice problems with checks worksheet and fill in the checks.

Show someone your work.

**Day 60**

1. Take a look at the average budget for an American family for a year. Which categories are the biggest?

2. On a piece of paper, complete the checkpoint problem.

Show someone your work.

**Day 61**

1. On a piece of paper, complete exercises 9-14.

Turn in your work.

**Day 62**

1. On a piece of paper, complete exercises 15-18.

Turn in your work.

**Day 63**

1. On a piece of paper, complete exercises 23-27.

Turn in your work.

**Day 64**

1. On a piece of paper, complete questions 1-4.

Show someone your work.

**Day 65**

1. On a piece of paper, complete exercises 23-26.

Show someone your work.

**Day 66**

1. Read about set diagrams (commonly called Venn diagrams) and look at the example.

2. On a piece of paper, complete the checkpoint problem.

Turn in your work.

**Day 67**

1. Look at example 2 and read the solution.

2. On a piece of paper, write down the answers to the checkpoint problem.

Turn in your work.

**Day 68**

1. Read example 3 and look at the solution.

2. On a piece of paper, complete the checkpoint problem.

Show someone your work.

**Day 69**

1. Learn about finding the complement of a set and look at example 5.

2. Complete the checkpoint problem and find the *percentage* of workers that were unemployed. (Hint: take the number of unemployed workers and divide by the total number of workers.)

Show someone your work.

**Day 70**

1. Read example 6 and look at the solution.

2. Draw and label a diagram to complete the checkpoint problem.

Show someone your work.

**Day 71**

1. On a piece of paper, complete exercises 1-6.

Show someone your work.

**Day 72**

1. On a piece of paper, complete exercises 9-16.

Show someone your work.

**Day 73**

1. On a piece of paper, complete exercises 17-20.

Show someone your work.

**Day 74**

1. On a piece of paper, complete exercises 1-8.

Show someone your work.

**Day 75**

1. Read the information about flat tax rate and look at the example.

2. Discuss the checkpoint problem with an adult.

You’re done!

**Day 76**

1. Read about determining taxable income and look at the solution.

2. Read about types of taxes and look at the solution.

3. On a piece of paper, write your answers to the checkpoint problems.

Turn in your work.

Day 77

1. Read example 4 and look at the solution.

2. Next, learn about indirect taxes and read example 5.

Have a discussion with a parent or other adult about the checkpoint question.

**Day 78**

1. Read about the possible effects of taxes.

2. On a piece of paper, complete exercises 1-4.

Show someone your work.

**Day 79**

Show someone your work.

**Day 80**

1. On a piece of paper, complete exercises 23-26.

Turn in your work.

**Day 81**

1. Learn about graduated tax rates.

2. As you get older, you will sometimes hear people say they don’t want to increase their earnings because they will be taxed at a higher rate. Is that a reasonable or unreasonable concern?

3. On a piece of paper, complete the checkpoint problem.

Turn in your work.

**Day 82**

1. Look at the example and see how to calculate the effective tax rate using the marginal tax rates.

2. On a piece of paper, calculate the effective tax rate for someone in Hawaii with a taxable income of $200,000.

Turn in your work.

**Day 83**

1. Take a look at the sources of federal revenue and how much comes from income taxes.

2. Read the information about comparing possible systems and discuss it with an adult.

You’re done for today!

**Day 84**

1. On a piece of paper, complete exercises 1-4.

Show someone your work.

**Day 85**

1. Take a look at the graphs of South Carolina’s income taxes vs income. What does that tell you about who pays what? Does it look like their taxes are progressive, regressive, or flat?

2. On a piece of paper, complete questions 9 and 10.

Turn in your work.

**Day 86**

1. On a piece of paper, complete questions 1-4.

Show someone your work.

**Day 87**

1. Read about social security and payroll taxes and look at example 1.

2. On a piece of paper complete the checkpoint problem. (Here is the link for page 212, here is the link for page 213.)

Turn in your work.

**Day 88**

1. Read about calculating total compensation and look at example 2.

2. On a piece of paper, complete the checkpoint problem.

Show someone your work.

**Day 89**

1. Learn about Social Security benefits and look at the example.

2. Have a discussion with an adult about the checkpoint question.

You’re done!

**Day 90**

1. On a piece of paper, complete exercises 1-6.

Show someone your work.

You’ve completed quarter 2! Move ahead to quarter 3.