Curated and Reviewed by
Lesson Planet
This The Mathematics Behind a Structured Savings Plan lesson plan also includes:
Make your money work for you. Future economists learn how to apply sigma notation and how to calculate the sum of a finite geometric series. The skill is essential in determining the future value of a structured savings plan with recurring payments.
36 Views
23 Downloads
CCSS:
Designed
Additional Tags
Instructional Ideas
- Team up with a business teacher for the lesson
- Have the class research different banking options in the area
Classroom Considerations
- Teacher guide suggests splitting the lesson over two days
Pros
- Introduces adolescents to important financial instruments, such as annuities
- Includes problem set with both purely mathematical problems (practice using sigma notation) and real-world financial problems
Cons
- None
Common Core
Start Your Free Trial
Save time and discover engaging curriculum for your classroom. Reviewed and rated by trusted, credentialed teachers.
Try It Free