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To Rent-to-Own or Not to Rent-to-Own? Lesson PlanTo Rent-to-Own or Not to Rent-to-Own? Lesson Plan
Publisher
Federal Reserve Bank
Resource Details
Curator Rating
Educator Rating
Not yet Rated
Grade
9th - 12th
Subjects
Math
3 more...
Resource Type
Lesson Plans
Audience
For Teacher Use
Duration
1 hr
Instructional Strategies
Collaborative Learning
7 more...
Technology
Presentation
Year
2014
Lesson Plan

To Rent-to-Own or Not to Rent-to-Own?

Curated and Reviewed by Lesson Planet
This To Rent-to-Own or Not to Rent-to-Own? lesson plan also includes:
  • Whiteboard (SMART/.notebook)
  • Whiteboard (PowerPoint/.pptx)
  • Whiteboard (ActivInspire/.flipchart)
  • It’s Your Paycheck! Full Curriculum
  • Glossary of Terms
  • Activity
  • Answer Key
  • Assessment
  • Worksheet
  • Join to access all included materials

Explore the key elements of a contract with your young adults, and delve into the features and unique benefits of a rent-to-own contract through discussion and worksheet practice. 

96 Views 64 Downloads
CCSS: Designed

Concepts

buying a house, personal finance, financial literacy, future planning, financial goals, interest, interest rates

Additional Tags

math

Instructional Ideas

  • As this may seem like an irrelevant subject for most high school students, consider having them discuss this type of contract with another adult and report back to the class on what they discovered
  • This is an excellent springboard for research on the commonality of a rent-to-own contract, as well as for examining the housing market in your area

Classroom Considerations

  • This is the final lesson in a series of nine designed for high school personal finance classes. Several topics have preceded this lesson, including banking practices, receiving and providing credit, and calculating annual percentage rates to determine how much interest one pays on a loan 

Pros

  • Clear instruction provided for teacher
  • All worksheets and answer keys included

Cons

  • None

Common Core

RH.6-8.2 RH.6-8.4 RH.6-8.7

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