Mathematics At Work 11 Finances
Specific Curriculum Outcomes
N02 Students will be expected to solve problems that involve personal budgets.
N03 Students will be expected to demonstrate an understanding of compound interest.
N04 Students will be expected to demonstrate an understanding of financial institution services used to access and manage finances.
N05 Students will be expected to demonstrate an understanding of credit options, including credit cards and loans.
A01 Students will be expected to solve problems that require the manipulation and application of formulas related to simple interest Finance charges.
N02 Students will be expected to solve problems that involve personal budgets.
N03 Students will be expected to demonstrate an understanding of compound interest.
N04 Students will be expected to demonstrate an understanding of financial institution services used to access and manage finances.
N05 Students will be expected to demonstrate an understanding of credit options, including credit cards and loans.
A01 Students will be expected to solve problems that require the manipulation and application of formulas related to simple interest Finance charges.
Activities

 Making Money with Benjamin Franklin from Math Central and OPTIMISM: Ben Franklin and the 200 Year Endowments from Eddie Thompson  The story of Ben Franklin's bequest to Boston and Philadelphia is an inspiring story of philanthropy as well as an example of the enormous power of compound interest.
 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?