WALT: Define, calculate and compare incomes, taxes and variable/fixed expenses
WALT: Complete a balance sheet to track weekly expenses.
The key ideas to find out and understand this week are...
How do people earn money?
What is tax and how is it calculated?
Find out how to keep a monthly balance sheet
The difference between fixed and variable expenses
Learn:
Task 1: Select a job, calculate your weekly income and tax rate. Set up your weekly balance sheet
Task 2: Everyday expenses investigation here
Task 3: Taxes investigation here
Create:
Select one of the financial literacy terms from this week. Create a DLO to teach others about this term .
Share:
Post your DLO on your blog. Also share your findings from the everyday expenses investigation. Don't forget to put the WALT for this activity and a reflection on how you went with the learning.
WALT: Express the likelihood of outcomes for situations involving chance as fractions and percentages
The key ideas to find out and understand this week are...
How do I calculate all of the possible outcomes?
How do I calculate the probability of each outcome?
How do I convert between fractions and percentages?
Learn:
Task 1: Probability Practice here
Task 2: Rock, Paper, Scissers Investigation here
Create:
A DLO about probability.Select from this problem menu here. Be creative in the way you present what you have learnt.
Share:
Post your DLO on your blog. Don't forget to put the WALT for this activity and a reflection on how you went with the learning.
WALT: Use a tree diagram to find all possible outcomes and make predictions
Learn: The key ideas to find out and understand this week are...
What is a tree diagram and when do I use one?
How do I find all of the possible outcomes from an event?
How do I calculate the probability of each outcome?
Create: A DLO showing a Probability example in a real life context.
Share: Post your DLO on your blog. Don't forget to put the WALT for this activity and a reflection on how you went with the learning. What is your next step in developing your understanding of probability?