Illustrative Mathematics
Money in the Piggy Bank
It's time to crack open that piggy bank and see what's inside. First, count up the pennies, nickels, dimes, and quarters, identifying what fraction of them are dimes. Then calculate the total value of the coins, writing another fraction...
Curated OER
All About Money
Few topics engage young mathematicians as much as learning about money. Through a series of shared readings and hands-on activities, children explore the US currency system, learning how to count money and calculate change as they create...
Illustrative Mathematics
Margie Buys Apples
One of the most common, everyday applications of math is dealing with money. This single problem calculating how much change Margie receives is more involved than it appears at first glance. An understanding of how fractions and decimals...
University of Missouri
Money Math
Young mathematicians put their skills to the test in the real world during this four-lesson consumer math unit. Whether they are learning how compound interest can make them millionaires, calculating the cost of remodeling...
Teacher Created Resources
How to Calculate Discounts and Sales
Teach discounts and sales with a straightforward learning exercise. After reviewing the concept, pupils solve word problems related to dollars and percentages. The second half of the sheet prompts learners to continue solving problems...
EngageNY
Using Expected Values to Compare Strategies
Discover how mathematics can be useful in comparing strategies. Scholars develop probability distributions for situations and calculate expected value. They use their results to identify the best strategy for the situation.
SaveandInvest.org
Introduction to Earning Interest: Middle School
Does your bank pay you for allowing them to hold your money? Class members research three different ways they can earn money using money already in the bank. Topics include certificates of deposit, statement savings accounts, and...
Practical Money Skills
Saving and Investing
You have to have money to make money, especially in the world of banking and investments. High schoolers learn about interest rates, saving and investment options, and ways to stay aware of their money's security and earning ability with...
Balanced Assessment
Cost of Living
Math scholars investigate the cost of living in Hong Kong compared to Chicago but must first convert the different types of currency. They then choose a type of graph to compare different spending categories and finish the activity by...
EngageNY
Piecewise and Step Functions in Context
Looking for an application for step functions? This activity uses real data to examine piecewise step functions. Groups create a list of data from varying scenarios and create a model to use to make recommendations to increase...
Family Education Network, Inc.
Division Practice Sheets: Grade 4
Expand on young mathematicians' prior knowledge of multiplication with this series of worksheets introducing the concept of division. Covering a wide range of topics from basic fact families and single-digit...
EngageNY
Why Do Banks Pay YOU to Provide Their Services?
How does a bank make money? That is the question at the based of a lesson that explores the methods banks use to calculate interest. Groups compare the linear simple interest pattern with the exponential compound interest pattern.
Curated OER
Compounding with a 5% Interest Rate
The balance in an account continuously compounding interest is the context of this engaging task. Your young accountants will investigate the ending balance in an account as they compound the interest more and more. Learners write the...
SaveandInvest.org
Introduction to Earning Interest: Grades 11-12
Does your bank pay you for allowing them to hold your money? Class members investigate three different ways money can make more money. Topics include certificates of deposit, statement savings accounts, and money market accounts....
SaveandInvest.org
Introduction to Earning Interest: Grades 9-10
Does your bank pay you for allowing them to hold your money? The lesson covers three different ways your money can make money. Topics include certificates of deposit, statement savings accounts, and money market accounts.
Houghton Mifflin Harcourt
Simple and Compound Interest
Your learners will get lots of practice calculating simple and compound interest by the end of this lesson. Simple explanations and examples lead learners through the concepts and steps of calculating simple and compound interest...
Money Math for Teens
Debt Elimination - Power Tools for Building Wealth
What does it mean to be wealthy? Your learners will consider how carrying debt affects budgeting, and learn about the debt snowball strategy and how is it used in the concept of eliminating debt in order to build wealth.
Federal Reserve Bank
Income Taxes
Most adults dread April 15 — tax day! Tax preparation can be intimidating even for adults. Build confidence by leading individuals through the process and then give them a scenario to practice. The exercise uses tax vocabulary to give...
EngageNY
Volume and Cavalieri’s Principle
Take a slice out of life. The ninth section in a series of 23 introduces classmates to Cavalieri's principle using cross sections of a cone and stacks of coins. Class members participate in a discussion using pyramids and how Cavalieri's...
Arizona Department of Education
Be Independent / Life Management Skills
Living independently is about more than managing money. Learn how to manage time, balance responsibilities, and calculate overtime and income with a set of activities about life management skills.
Illustrative Mathematics
Bob's Bagel Shop
When Bob starts planning out the average money made per customer, he needs some help. Young mathematicians look at the probability of how many bagels are purchased from one person, and then creates an equation based on the amount...
Federal Reserve Bank
Banking on Debit Cards
What are the advantages and disadvantages of using a credit card versus a debit card? What are the costs of using a debit card irresponsibly? Here you'll find a lesson on key concepts that every learner should know...
Federal Reserve Bank
So How Much Are You Really Paying for that Loan?
Loans are rarely provided without a cost. Pupils evaluate the high cost of using a payday loan or payday advance through discussion and worksheets, and finally work in groups to develop short public service announcements...
Balanced Assessment
Fermi Estimates II
How many hot dogs does Fenway Park go through in a year? Learners estimate answers to this question and more as they work through the task. Problems require participants to make assumptions and use those assumptions to make estimations.