Making Purchasing Decisions 10-21 (Sales, Rebates, Coupons)

Master purchasing decisions! Compare prices, use sales, rebates & coupons to save money.

Vocabulary Match Find the proper definition for each Vocabulary Word for this Unit Fixed expenses Expenses that occur regularly and stay the same. Variable expenses Expenses that occur regularly but may change month to month because the consumer has some control over the amount. Income Money that is paid to a person for goods, services, or investments. Savings Money that is not spent by a consumer currently, but is reserved for later use. Percent increase A percent change describing an increase in a quantity. sales tax A percentage of the cost of an item that is charged by governments to raise money. discount A percentage decrease to the original to reduce the original amount paid rebate generally not calculated as a percentage decrease BUT rather as an amount that is simply subtracted from the original amount Zena can get an item online for $19 that weighs 8 pounds. Shipping and handling costs $0.49 per pound. She can also buy the same item locally for $26.95, and she has a $5 off coupon. Which is the better buy? Find each match working in order from the left. How much will shipping cost if Zena chooses to purchase the item online? $3.92 How much will Zena pay for the item including the shipping? $22.92 How much will Zena pay for the item if she chooses to purchase it locally? $21.95 Zena can get an item online for $19 that weighs 8 pounds. Shipping and handling costs $0.49 per pound. She can also buy the same item locally for $26.95, and she has a $5 off coupon. Which is the better buy? Online Purchase Local Purchase They cost the same Jasmine wants to buy a hardcover set of her favorite book series.She can buy the 6-book set for $69.95 or she can buy each book individually for $14.95 each. What is the better deal? 6 Book Set; $12.50 each 6 Book set; $11.66 each Individual; $89.70 for six A take-and-bake pizza chain has several coupons, which cannot be used together. J.D. is buying a pizza that costs $17.90. Should he use a $5 off coupon or a 35% off coupon? $5 coupon because he will pay $12.90 for the pizza $5 coupon because he will pay $13.90 for the pizza 35% off because the discount will be $6.27 and he will pay $11.63 35% off because the discount will be $8 and he will pay $9.90 The King family buys an HDTV selling for $825 at PanView with a 20% off coupon and a rebate of $125. They later see the TV on sale at Rey’s TVs for $555. Did they get the better deal? No, $555 from Rey's was the better deal. Yes, because they paid $550 at PanView Yes, because they paid $535 at PanView The cost was the same so it didn't matter Store 1 has a price of $99 on an MP3 player. Store 2 is offering the same MP3 player at a sale price of 25% off their regular price of $125. Jerusha wants to buy an MP3 player. From which store should she buy it? Explain.