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Managing Money

Tamiko has recently started managing her own finances. She tracks her debts and income,

as well as any gifts that she receives from her family members. Some of her recent

transactions are listed below.

Transaction Amount ($)

Borrowed money from a friend 43.75

Received a gift from Dad 50.00

Spent money on lunches 62.50

Received allowance 20.00

Write your answers on another piece of paper. Show all of your work to

receive full credit.

Part APart A

What rational number represents the net result of the transactions shown in the

table? Explain what your answer represents.

Part BPart B

The following week, Tamiko receives a check for $109.60 for working at a local fast

food restaurant. Determine the net result of her transactions using the result from

Part A. Explain what your answer represents.

Part CPart C

Tamiko gets a small bonus check for $32.50. She wants to save 3

_

5 of this amount.

How much will she save?

Part DPart D

Tamiko wants to buy a dress with some of her money. At the store, all dresses are

on sale. One dress in particular is on sale for $60 and the original price was $90.

What part of the original price does she save? Express your answer as a fraction.

Performance Task

M iM i M

Chapter Review 339