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Calculating Interest
Students explore the concept that when money is borrowed, people pay to use it because someone else is losing an opportunity to use it while they have it. What you pay to use the money is called interest. The rate of interest is a...
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Credit: Taking an Interest in Credit
Students examine how credit works but looking at how credit cards and interest rates work. They use percentages to solve problems using credit card interest rates while completing a worksheets.
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Real Estate Lesson: Monthly Payments
Young scholars examine real-world data relating to real estate. They conduct Internet research, record data regarding real estate in major cities, graph the data, calculate mortgage payments using a mortgage calculator, and analyze the...
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Lesson 3: What Happens When a Bank Makes a Loan?
Students role-play to show how bank loans made to people can have an impact on others in the community. In small groups, they analyze hypothetical loans, using flow charts or other diagrams to describe the probable impact of each.
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Topics in Math
In this consumer mathematics worksheet, students explore a variety of topics in mathematics including simple interest, perimeter, area, volume, translating words into symbols, percentage problems and mortgage calculations. The fourteen...
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Under the Bed or in the Bank?
Students explore personal finance. In this consumer /financial mathematics lesson, students compare interest rates as they explore savings.Â
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Leveled Problem Solving Simple Interest
In this simple interest worksheet, students use leveled problem solving and solve the six problems that contain numbers for simple interest.
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Math Applications 12
In this mortgages worksheet, students solve 2 different problems that include 2 or more parts to each one. First, they determine the total amount a couple will pay for their house, how much the cost is interest, and what portion of the...
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Solving Problems Involving Interest
In this math worksheet, learners find the answers to the word problems that focus upon the use of interest and figuring out the payments.
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Compund Interest and Quiz on Logs
Students discuss compound interest and formulas for compound interest. They listen as the teacher describes continuous compounding and derivations. Students work problems involving compound interest. They compute the effective annual...
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Save Your Change
Students solve problems involving exponential, logarithmic, and scientific notations. Using calculators, students explore investment problems. They use a formula and logarithms to determine the years to earn a particular income, figure...
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Credit for novices
Pupils identify resources for achieving goals. They identify potential barriers to achieving goals and strategies to address the barriers. Students complete a note sheet to include most important information about obtaining and keeping...
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Credit Purchases
Twelfth graders calculate interest on purchases bought with a credit card. They use the formula I=PRT to find the interest. In pairs, they use a flyer to calculate the interest for electronic items.
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Selling, Spending, or Saving
Pupils examine and discuss vocabulary dealing with finances. They write and develop commercials promoting savings practices and spending habits that incorporate emotional appeals.
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Introduction To Earning Interest
Students engage in a lesson on interest and bank savings accounts. They see why people deposit money at banks and other financial institutions and explain that interest is paid on an annual, monthly or quarterly basis.
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Cars: Math, Research, Economics, Loans
Students investigate what the purchasing of a car entails. They explore car criteria and financing options.
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Buying My First Car
Students pretend they are about to buy their first new car. They must do all the calculations necessary to estimate the cost of purchasing the car. They see that the math they learn in school really does have real-life applications.