Objective: Students will mathematically compute, in writing, monthly credit card statements when minimum payments are made using the handouts, calculators and a partner for support.
Assignment: Read and add vocabulary from Sections 4.5 and 4.6. Complete # 1-7, 14- 16 in Section 4.5 and for section 4.6 complete Activity 15.1 (available in the classroom).
As assigned on February 4, 2016:
There will not be a unit test for this unit, instead students will work in teams to complete a project chosen from page 211-212 projects 1-5 or 8. These projects will be presented in class on February 26, 2012. Students will work in teams of two or three
Students worked on their unit projects.
Assignment: Complete the unit projects. E-mail any files that will be presented on Friday February 26, 2016 to your teacher before class.
Students worked in their project teams on the Chapter Project.
Students used the ABCs of Credit website to learn about the world of credit cards. Students will complete 10 on-line lessons and take practice tests and a final exam, all outside of class.
Go to http://www.theabcsofcredit.com/#/Home-01-00/to register and complete the lessons and tests.
Assignments: Register and complete lessons 1-10 and the practice tests on the ABCs of Credit website. Take the Final Exam and email your results to email@example.com
Read pages 193-196 in Financial Algebra
Financial Algebra p. 197-199, Problems 2-5, 8- 10, 16
Students chose Project and partner for Chapter Assessment.
Objective: Students learned how to calculate the length of a loan given the Monthly Payment, interest rate and principal using the Financial Application on the TI-84 Plus calculator
Read pages 187-190 in Financial Algebra
Assignment: Financial Algebra p. 191, Problems 1-10, skip 6
Students worked in their Credit Project Teams for the first part of the period.
Objective: Students investigated how to read a credit report and how they are used to approve loan applications. Students used the Financial Fitness for Life workbook exercises 12.1 and 13.2 pages 73-83.
Assignment: Complete exercises 12.1 and 13.2 in the handout. Complete missing assignments.
Students worked the first part of the period on their Unit Final Project.
Objective: Students will see how to calculate monthly payments of a loan using loan payment tables and the Monthly Payment Formula. Then they will learn to use the Finance Application on the TI-84 calculator to find any missing information for an installment loan.
M= monthly payment
r= interest rate
t= number of years
Read pages 181-182 in Financial Algebra
Assignment: Financial Algebra, p. 185-186, Problems 2-16 even
Objective: Students will learn to:
- Identify different kinds of credit that financial institutions extend to individuals and companies.
- Identify key terms associated with different kinds of credit.
- Recognize the advantages and disadvantages of using credit.
- Explain how most credit transactions benefit both parties.
Using the Financial Fitness for Life worksheet. Partner discussions and Class discussion
Class Work: In class students read worksheet pages 66-71, answer the study questions on pages 67, 70 and 71 and turn in the worksheets at the end of the period.
Read pages 172-177 in Financial Algebra
Assignment: Financial Algebra p. 178-179, Problems 2-12 even, 19-20
There will not be a unit test for this unit, instead students will work in teams to complete a project chosen from page 211-212 projects 1-5 or 8. These projects will be presented in class at the end of this Unit. Students will work in teams of two or three.