Curated OER
Rating Systems
Your favorite sports team is ranked #1. How do the powers that be determine this rating? Learn how ratings are mathematically computed using probability concepts, from the Elo Rating System for chess to the Rating Percentage Index for...
Curated OER
Loan Amortization - Mortgage
Upper graders explore the connection between interest and principal. They use an amortization schedule to determine the amount of principal paid vs interest on a $100,000 home loan. Fourteen discussion questions and a research-based...
EngageNY
Simple Interest
An interesting lesson helps young financial wizards determine the amount of money earned via interest. The resource introduces the concept of simple interest to show how money can grow. Pupils use their knowledge of percents to solve...
Curated OER
Buying Cars/Financing Cars Compound Interest
Provide a real world context in which exponential functions are used to determine a eal world phenomena such as compound interest and exponential growth. This instructional activity should be taught after students have mastered the laws...
PricewaterhouseCoopers
Buying a Home: Mortgage Decisions
High schoolers don't think they need to know about mortgages, but with college and renting soon approaching, fiscal responsibility is necessary. Pupils learn the vocabulary of a mortgage and calculate different home values to determine...
PwC Financial Literacy
Buying a Home: Terms of a Mortgage
Buying a home, dealing with a lender, securing a mortgage; these are daunting tasks for many adults. Why not teach middle schoolers about this area of adulthood so they are better-prepared to make the leap into home ownership when they...
SaveandInvest.org
Introduction to Earning Interest: Grades 9-10
Does your bank pay you for allowing them to hold your money? The instructional activity covers three different ways your money can make money. Topics include certificates of deposit, statement savings accounts, and money market accounts.
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....
Concord Consortium
Zero Coupon Bond
There are zero reasons not to learn about zero coupon bonds. Given information about the interest rate and closing price of a zero coupon bond, future investors determine the purchase price of the bond. They then consider the...
5280 Math
Interesting Times
Gain a little interest in functions with a real-life task. Young scholars analyze home loan data with a geometric sequence and series. They use the models to make predictions about the total loan payments at certain intervals in a...
Curated OER
Buying a Car
Eighth graders create spreadsheets to calculate payments. They create a list of items they would like to purchase that require monthly payments. They simulate buying a car and create a spreadsheet to determine the amount of the monthly...
Curated OER
Interest Word Problems
In this interest worksheet, 7th graders solve 10 different problems that include word problems and determining interest rates. First, they determine the principal paid on a certain amount of money borrowed. Then, students determine how...
Curated OER
Algebra 1: Slope as Rate
Students solve problems with slopes. In this algebra lesson, students identify the slope of a line and relate it to the rate of change. They graph their lines on the TI and observe changes in the lines.
Curated OER
Calculating Interest
In this calculating interest worksheet, 7th graders solve 10 different problems that include determining the simple interest in each box. First, they identify and define the terms for finding the simple interest in each. Then, students...
Curated OER
Interest Problems
For this interest problem worksheet, students read investment problems and determine necessary information. They compute the amount of simple interest earned, find the principal, or determine the time. They identify the principal,...
Curated OER
Buying on Credit
Explore using credit in this financial responsibility and math lesson. Learn to identify the acronym of "PRT" as Principle x Rate x Time, then calculate interest based on this formula. Do some real-world problem solving and choose...
Curated OER
Mathematics Applications
In this annual percentage rate worksheet, 10th graders solve 4 different word problems that relate to determining the interest rate and balance due for each problem. They solve each problem using an annual percentage table when...
Curated OER
Simple Interest
For this simple interest worksheet, students use the interest formula to find missing values. They determine interest, principal, interest rates, and time borrowed. This one-page worksheet contains 12 problems.
Radford University
Surviving the Month
Pupils create budgets based upon family expenditures. They determine what the monthly payments will be for buying a car and a house based on compound interest for the total amount.
Curated OER
Ratio, Rates and Percentages
In this ratio, rates and percentages worksheet, 8th graders solve 22 various types of problems related to ratios, rates and percentages. They first write ratios in lowest terms and describe each of comparison stated. Students also solve...
Curated OER
Compound Interest
In this compound interest worksheet, students solve 3 problems after reading about compound interest. They determine the cost of the Apollo missions, they calculate inflation and the cost it would be to send man to the moon today and...
Curated OER
Simple and Compound Interest
In this simple and compound interest worksheet, learners find the ending balance to simple interest problems. They determine the total value of investments compounded over a period of years. This four-page worksheet contains 20 interest...
Curated OER
Manhattan & the Indians
In this Algebra I worksheet, 9th graders determine the interest rate at which you would have to invest $24 in 1626 in order for it to be worth $730 trillion in 2007. The one page worksheet contains one problem. Answer is provided.
Concord Consortium
Smart Money
Watch the money grow daily. Scholars tackle a problem to determine how much money they will have if a dollar grows at 10 percent compounded daily after a month. Using that knowledge, learners notice the difference between varying savings...