Mathematics 10 Financial mathematics
Specific Curriculum Outcomes
FM01 Students will be expected to solve problems that involve unit pricing and currency exchange, using proportional reasoning.
FM02 Students will be expected to demonstrate an understanding of income to calculate gross pay and net pay, including wages, salary, contracts, commissions, and piecework.
FM03 Students will be expected to investigate personal budgets.
FM04 Students will be expected to explore and give a presentation on an area of interest that involves financial mathematics.
* FM01FM04 are departures from the WNCP curriculum and not found in the textbook. Resources for these outcomes can be found in the Financial Mathematics supplementary resource published by McGrawHill.
FM01 Students will be expected to solve problems that involve unit pricing and currency exchange, using proportional reasoning.
FM02 Students will be expected to demonstrate an understanding of income to calculate gross pay and net pay, including wages, salary, contracts, commissions, and piecework.
FM03 Students will be expected to investigate personal budgets.
FM04 Students will be expected to explore and give a presentation on an area of interest that involves financial mathematics.
* FM01FM04 are departures from the WNCP curriculum and not found in the textbook. Resources for these outcomes can be found in the Financial Mathematics supplementary resource published by McGrawHill.
Activities

 Big Bucks from Yummy Math  In this activity, with a twist on unit rate, students find the average pay per year or "unit rate of pay" for a collection of highly paid athletes. Students think about unit rate, proportionality, slope and the relationship between multiplication and division.
 How Much Did Peterson Lose By Not Cashing His Check? from Robert Kaplinsky  NFL cornerback Patrick Peterson received a $15,361,000 signing bonus as part of a fiveyear, 70 million contract extension. However, he didn’t immediately cash the check. When asked why, he said, “I just haven’t gotten around to it.” Have students investigate how much interest Peterson lost by not immediately cashing his check?
 Is Lego Gender Biased? from Jon Orr  How does Lego price it’s kits? Is the price per piece of a Lego Star Wars set the same as the price per piece of a Lego Friends set? Find out with this activity.
 Foreign Currency and Foreign Exchange  An interactive classroom activity that demonstrates how exchange rates change and how to exchange currency. Includes a handout and video of a classroom doing the activity. A similar activity is found at the www.imf.org webiste.


 Would You Rather?  Would you rather have 3500 Mexican Pesos or 210 Euros? Whatever your answer is, please provide justification.
 Would You Rather? Pizza  Would you rather have a slice of pizza from New York or from Rome? The New York pizza costs $2.75 US per slice. The Rome pizza costs 1,50€ per 100 grams. Provide a justification (mathematical or otherwise) for your choice.



