Monday, April 26

Objectives: Calculate the carrying charges of installment loans. Determine whether paying cash or paying over a period is the better choice.

Why: Loans are almost always required to purchase a house, car, education. Students need to understand how interest is calculated on loans.

State Standard: 11.1.1a-c, 11.1.2a-d, 11.2.1 a-h, 11.2.2a,g 11.2.3a, 11.3.1a-e,h, 11.3.3a-e

Assignment: Installment Loans

Thursday, April 29

Objectives: Calculate the APR of a loan using a simple interest formula. Calculate the APR of a loan using a compound interest formula.

Why: Loans are almost always required to purchase a house, car, education. Students need to understand how interest is calculated on loans.

State Standard: 11.1.1a-c, 11.1.2a-d, 11.2.1 a-h, 11.2.2a,g 11.2.3a, 11.3.1a-e,h, 11.3.3a-e

Assignment: Annual Percentage Rate (APR)

Lesson Plans

Tuesday, April 27

Objectives: Students will analyze loans and percentages.

Why: To check for understanding

State Standard: 11.1.1a-c, 11.1.2a-d, 11.2.1 a-h, 11.2.2a,g 11.2.3a, 11.3.1a-e,h, 11.3.3a-e

Assignment: Quiz

Friday, April 30

Objectives: Calculate the APR of a long-term loan. Compute interest plus monthly payments on a long-term loan.

Why: Loans are almost always required to purchase a house, car, education. Students need to understand how interest is calculated on loans.

State Standard: 11.1.1a-c, 11.1.2a-d, 11.2.1 a-h, 11.2.2a,g 11.2.3a, 11.3.1a-e,h, 11.3.3a-e

Assignment: Automobile Loans

Wednesday, April 28

Objective: SWBT understand how math applies to solving crimes

Why: Students need to see how math applies to everyday life.

State Standard: 11..3.1c

Assignment: handout on the episode of Numb3rs