Money Math

Young mathematicians put their skills to the test in the real world during this four-lesson consumer math unit. Whether they are learning how compound interest can make them millionaires, calculating the cost of remodeling their bedroom, or setting up a budget, these lessons help students appreciate the ways math is applied to life outside the classroom walls.

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CCSS: Adaptable
Instructional Ideas

  • Teach these lessons together as a unit, or break them up and supplement them into separate lesson series on percents, area, and organizing information in tables and charts
  • During the lessons on saving and budgeting, have a representative from a local bank or financial institution come in and talk to your class
Classroom Considerations

  • Prior to beginning this unit, young mathematicians need a basic understanding of percents, decimals, area, and scale
  • The timing of this unit can be easily adjusted to fit your own class schedule
  • Computers are used by students during some of these lessons, which may require you to schedule time for your class in the school's computer lab
Pros

  • All worksheets, assessments, graphic organizers, and visual displays needed for teaching these lessons are included with the resource
  • Clear step-by-step instructions are provided for each learning activity included in this unit
  • Challenge activities are offered at the end of each lesson that extend student learning
  • Answer keys are offered for the different learning exercises
Cons

  • None
Included Materials - Join to Access

  • Activity
  • Worksheet
  • Answer Key
  • Graphic Organizer