October 29 and 30, 2015

Class Work: Students worked in their Stock Market Experience Teams to manage their portfolios.  Turn in a Team Journal

Objective: Students will learn how to calculate compound interest for annual, semiannual, quarterly and daily compounding using the Compound Interest Formula.  Students will explain the difference between the result of simple interest calculations and compound interest.   Students will learn to use the continuous compounding interest formula as well, then compare results of different types of compounding in writing.

 

Read pages 143 – 147  and 150 – 153  in Financial Algebra

Assignment: Financial Algebra, p. 148 # 2 – 7, 10, 11  p. 154 #4,5,6,7,9

 

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October 27 and 28, 2015

Objective:  Students will explore the concept of compound interest – earning interest on your interest as they review vocabulary in writing, then compute interests having notes, calculators and classmates for support.

Assignment:  Read pages 137-140 in Financial Algebra.  Add definitions in green to your composition notebook. Complete problesm 3,4,6,7 and 9 in Section 3-4.

 

October 23 and 26, 2015

Class Work: Students worked in their Stock Market Experience Teams to manage their portfolios.  Turn in a Team Journal at the end of the trading session.

Objective: Students will learn about savings accounts and how to calculate simple interest.

I = prt

I is the interest earned

p is the principal in the account

r is the annual interest rate expressed as a decimal

t is the time in years

Read pages 131-134 in Financial Algebra.

Assignment:Financial Algebra p. 135-136, Problems 2, 4, 6, 9

 

October 15 and 16, 2015

Objective: Students will reconcile a checking account with a bank statement in writing as they discuss what math to use with each number having their books, calculators and partners for support.

Assignment: Read pages 123 and Example 1 on pages 124-125. Work problems 2,3,6, 8 , 9 and 11.

Students also work in their Stock Market Teams to make trades.

October 12 and 13, 2015

Class Work: Students worked in their Stock Market Experience Teams to manage their portfolios.  Turn in a Team Journal at the end of the trading session.

Objective: Students will  learn about different financial institutions and the services they provide.  Students will learn how to keep a checking account register by recording deposits and withdrawals.

  1. Bank
  2. Thrift (Saving and Loans)
  3. Credit Union

Read pages 116-119 in Financial Algebra.

Click here for a copy of Check Register

Click her for a copy of a Blank Check

Assignment: Financial Algebra p. 120-122, Problems 2-16 even

October 7, 2015

We have a  guest speaker – Mike Morris from Charles Schwab.  He will speak about the stock market, diversified portfolios, short sells, bonds and his company, Charles Schwab. Students work in their teams to investigate the Stock Market Experience Website.  No homework.