Curated OER
PayCheck Advance Loans
Students discuss the role of a paycheck advance loan company. Using data given to them, they calculate interest rates on the amount of advance they receive and identify the penalties of not repaying the loan on time. They record their...
Curated OER
Credit Purchases
Twelfth graders calculate interest on purchases bought with a credit card. They use the formula I=PRT to find the interest. In pairs, they use a flyer to calculate the interest for electronic items.
Curated OER
How Much Does That Car Cost?
Students calculate how much it costs to buy a used car and finance it through a bank. They select a car from the newspaper, conduct Internet research on current auto loan interest information for four different states, and create a...
Curated OER
Credit Cards and Compound Interests-Exponential Growth
Eleventh graders investigate the way credit cards work when collecting interest. In this algebra lesson, 11th graders investigate the growth of interest exponentially when using a credit card. They calculate what the cheapest rate is to...
Council for Economic Education
A Penny Saved
A penny saved is a penny earned! Scholars research the different ways to save money over a lifetime. They investigate the Rule of 72, compound interest, and sub-prime loans to gain an understanding of how banks aid in the saving process....
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.
TCI
By George!
What better way to learn about George Washington and other United States presidents than with a fun board game? Learners review the accomplishments of Washington's administration through a collaborative board game, as well as draw...
Curated OER
Pay Check Advance Loans
Students explore the implications of obtaining loans. They assess interest rates, amount to be paid back, and the implications if they do not pay back the loan on time. Students develop a comparison chart.
Curated OER
Your Money and Your Math
In this algebra learning exercise, students calculate interest based on a certain amount of capital, sale or item purchased. They convert percents to decimals and perform the correct calculations to find their answer. There are 20...
Visa
Home Sweet Home: Purchasing a Place
While the process of buying a home can certainly be overwhelming, give your young adults a leg up for their future by introducing them to the components of a mortgage, as well as exploring the basic concept of credit and how to become...
Federal Reserve Bank
Lesson 3: A Fresh Start
The members of your economics class may be busy earning graduation credits, but the credit they should be concerned about is their financial credit. The third instructional activity in a unit about Hurricane Katrina and other events that...
Curated OER
ABC's Of Figuring Interest
Young scholars participate in a instructional activity of figuring interest. This is done in order to strengthen number calculation skills while computing the interest when buying different things. This done in conjunction with using...
Curated OER
Real Estate Lesson: Monthly Payments
Students examine real-world data relating to real estate. They conduct Internet research, record data regarding real estate in major cities, graph the data, calculate mortgage payments using a mortgage calculator, and analyze the data.
Curated OER
Weigh Before You Pay: Debit or Credit?
Learners explore the concept of debit and credit cards. In this debit and credit card lesson, students read an article about debit and credit cards. Learners discuss differences between the two forms of payment. Students calculate the...
Curated OER
Debt
Fourth graders read a book about debt, credit, and interest rates and write a story about these topics. In this debt and credit lesson, 4th graders read the book Four Dollars and Fifty Cents, define the terms "debt" and "credit," and...
Curated OER
Exponential and Logarithmic Equations
In this Algebra II/Pre-calculus worksheet, students solve logarithmic and exponential equations in problem solving situations. The three page worksheet contains eleven problems. Answers are not provided.
Curated OER
The Case of the Gigantic $100,000 Bill
Pupils investigate the money creation process and calculate the upper bound of the money creation process using a money multiplier. In this money creation lesson, students use a imitation $100,000 bill. Pupils demonstrate successive...
Curated OER
Home Sales Records
Teach your class how to calculate monthly payments on a home mortgage. In this percent lesson, students calculate the monthly payment on a home mortgage, and compare different lengths of time and the interest rates for national median...
Curated OER
Buy or Lease an Automobile
Students gather information on 3 new cars they would like to buy or lease, and use mathematical comparisons to decide whether to buy or lease the car.
Curated OER
Balancing a Budget
Students calculate living expenses for a non-traditional career choice. They examine interest, balancing a checkbook, and financing cars and homes.
Curated OER
Balancing a Budget
Students investigate money management. In this secondary mathematics lesson, students participate in a cost-of-living budget simulation in which they calculate monthly and yearly projected costs. Students investigate housing...
Curated OER
State Assisted Capitalism
Students discuss a the places to gain financial help when starting a business. With a partner, they calculate the amount of interest and the total amount being paid back. they brainstorm a list of things the government can do to help...
Curated OER
Lender or Borrower Be?
Eighth graders study the costs and benefits of interest involved with borrowing and depositing at banks.
Curated OER
Reno's Dilemma
Students analyze information to determine good and bad debt. They calculate percentages when given interest and return on investment information. They also analyze positive and negative debt/return information to determine the preferred...