EngageNY
Why Do Banks Pay YOU to Provide Their Services?
How does a bank make money? That is the question at the based of a activity that explores the methods banks use to calculate interest. Groups compare the linear simple interest pattern with the exponential compound interest pattern.
Curated OER
Interesting Interest Rates
Your young bankers compare earning interest accumulated yearly and monthly to decide which method most increases their balance. Using an exponential function to model the bank balance affords the learners more practice connecting these...
Curated OER
Introduction to Earning Interest: What are APR and APY?
Learners explore saving and investing money. In this middle school personal finance lesson, students define and use investment vocabulary, explore compound interest and its effect of savings, and compute simple and compound interest. ...
Curated OER
Discovering Math Concepts in Business Mathematics, Economics, and Finance
Explore the concept of money and research its origin. There are many concepts related to business math, thusly, there are many formulas used to make calculations around money. Exchange rates of money in different countries, interest,...
Illustrative Mathematics
Overlapping Squares
The objective of this activity is to find the percent of the area of a two squares overlapping. Mathematicians find the ratio of area for the part that overlaps to the rectangle formed. The final answer is a percent as a rate per 100....
Curated OER
Discovering Math: Concepts in Algebra
Students learn that speed is a function of time and distance, a quadratic equation can be used to figure out the path of fireworks, a photographer can use Algebra to figure out how many rolls he can afford if he needs twice as much of...
EngageNY
Credit Cards
Teach adolescents to use credit responsibly. The 32nd installment of a 35-part module covers how to calculate credit card payments using a geometric series. It teaches terminology and concepts necessary to understand credit card debt.
Curated OER
Investing
Students collect data on investments and draw conclusions. In this algebra lesson, students analyze exponential graphs as they relate to money. They discuss the cause of an account balance being high or low.
Curated OER
Percents and Discounts
Students convert between decimals and percents. In this algebra lesson, students define percent as it relates to sales and tax. They calculate the percents of number using multiplication.
Curated OER
Basic Probability
Students explore basic probability. In this Algebra II/Geometry lesson, students use modeling to solve basic probability problems involving real-life applications.