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In this topic we will recap some important skills for the future to help you when it comes to decisions about your money and finances...
In this topic we will recap some important skills for the future to help you when it comes to decisions about your money and finances...
...namely Fractions, Decimals (incl. rounding), Ratios, Rates and Percentages!
...namely Fractions, Decimals (incl. rounding), Ratios, Rates and Percentages!
The assessment will require you to be able to convert between these main ideas and use the concepts to help you to solve a multi-layered money problem. This will be helpful to you in real life if you ever need to write a budget, make a savings plan or apply for a loan.
The assessment will require you to be able to convert between these main ideas and use the concepts to help you to solve a multi-layered money problem. This will be helpful to you in real life if you ever need to write a budget, make a savings plan or apply for a loan.
Use the links and activities below to support you in your learning of this topic.
Use the links and activities below to support you in your learning of this topic.
Fractions & Decimals
Fractions & Decimals
You should be able to:
You should be able to:
1) convert between Fractions and Decimals and
1) convert between Fractions and Decimals and
2) find a fraction of an amount
2) find a fraction of an amount
3) rounding a number to a sensible level of accuracy
3) rounding a number to a sensible level of accuracy
Explore Limits of Accuracy through understanding rounding
Rates and Ratios
Rates and Ratios
You should be able to:
You should be able to:
1) divide an amount into a given ratio
1) divide an amount into a given ratio
2) find how much of one quantity is needed to keep something in a given ratio
2) find how much of one quantity is needed to keep something in a given ratio
3) Use rates to solve problems
3) Use rates to solve problems
CIMT Practice Questions with tutorials
Percentages (and decimals)
Percentages (and decimals)
You should be able to:
You should be able to:
1) find a percentage of an amount
1) find a percentage of an amount
2) reduce or increase by a percentage
2) reduce or increase by a percentage
3) remove a percentage increase or decrease, including finding GST excl
3) remove a percentage increase or decrease, including finding GST excl
Some questions to practice with answers in [ ] - show your working to get the correct answers.
Video Links:
How to calculate percentages: 5 easy methods
Percent in Real Life - tax, discounts and more
Backwards % - finding amount after an increase/decrease
Spreadsheet practice:
CIMT - practice questions with tutorials:
Spreadsheeting practice:
Spreadsheeting practice:
Notes on how to create formulas in spreadsheets
Example video on producing a spreadsheet for the Let's Party task... sorry it rushed at the end as it ran out of time!
(Prior Knowledge: % increase, simple spreadsheeting skills)
When you are feeling confident in each of the 5 areas above, practice your skills by combining them together!
When you are feeling confident in each of the 5 areas above, practice your skills by combining them together!
Do the activity below first then try the word probs on the right!
Quick revision questions - are you ready for practice? (make a copy of this spreadsheet. Enter your answers and they should highlight green if correct)
Context Based Revision tasks (complete your answers in a google doc, spreadsheet or on paper and get feedback on it) - These are organised (nearly) in order of difficulty
Jim's Cellphone - making a recommendation by comparing different prices - one question on each skill. answers
Let's Party BBQ Activity (possible answers using a spreadsheet)
Getting away on holiday (possible answers)
Magician Fundraiser Practice Task
Mike and Huia - Trip to England - (possible answer on spreadsheets)
Practice Assessment
Practice Assessment
This task can be worked on to check you are at the right level to pass this internal. It is different to the real assessment in that it has one correct answer. Your internal will be more similar to the next task: Holiday Time.
This task is similar to the real one you will do for 4 credits. You will need to personalize the assessment to your own settings using the document below. Make sure you try your best at it and use the mark schedule to ensure you know what skills you are required to demonstrate at the different levels of achievement. Ask your teacher to mark it and give you feedback when you have completed this task.
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