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Predicting Your Financial Future

Web-based Content

Predicting Your Financial Future

Grade Levels

10th Grade, 11th Grade, 12th Grade, 9th Grade

Course, Subject

Algebra I, Algebra II, Economics
  • Big Ideas
    Numbers, measures, expressions, equations, and inequalities can represent mathematical situations and structures in many equivalent forms.
    Patterns exhibit relationships that can be extended, described, and generalized.
    Relations and functions are mathematical relationships that can be represented and analyzed using words, tables, graphs, and equations.
    There are some mathematical relationships that are always true and these relationships are used as the rules of arithmetic and algebra and are useful for writing equivalent forms of expressions and solving equations and inequalities.
  • Concepts
    Algebraic properties and processes
    Algebraic properties, processes and representations
    Analysis of one and two variable (univariate and bivariate) data
    Exponential functions and equations
    Functions and multiple representations
    Linear relationships: Equation and inequalities in one and two variables
    Linear system of equations and inequalities
    Polynomial functions and equations
    Quadratic functions and equations
  • Competencies
    Extend algebraic properties and processes to quadratic, exponential, and polynomial expressions and equations and to matrices, and apply them to solve real world problems.
    Use algebraic properties and processes in mathematical situations and apply them to solve real world problems.
    Write, solve, and interpret systems of two linear equations and inequalities using graphing and algebraic techniques.
    Write, solve, graph, and interpret linear equations and inequalities to model relationships between quantities.

Description

Students often ask, “When are we ever going to use this?” Compound interest is a topic that provides an inherent answer to this question. In this activity, students use their knowledge of exponents to compute an investment’s worth using a formula and a compound interest simulator. Students also use the simulator to analyze credit card payments and debt.

Web-based Resource

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Predicting Your Financial Future

Content Provider

Illuminations

 

Illuminations is a project designed by the National Council of Teachers of Mathematics (NCTM) and supported by the Verizon Foundation.  Illuminations works to serve you by increasing access to quality standards-based resources for teaching and learning mathematics, including interactive tools for students and instructional support for teachers.

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