Students will be given a product along with information necessary to determine the cost of the product after discounts, travel and time involved in making the purchase. Students will then decided which option seems to be best based on where they place value; time, money, etc.
This is a three-credit course which covers topics that enhance the students’ problem solving abilities, knowledge of the basic principles of probability/statistics, and guides students to master critical thinking/logic skills, geometric principles, personal finance skills. This course requires that students apply their knowledge to real-world problems. A TI-84 or comparable calculator is required. The course has four main units: Thinking Algebraically, Thinking Logically and Geometrically, Thinking Statistically, and Making Connections. This course is paired with a course in MyOpenMath which contains the instructor materials (including answer keys) and online homework system with immediate feedback. All course materials are licensed by CC-BY-SA unless otherwise noted.
Topics List for this Lesson: Percents, Sales Tax, and DiscountsIncome TaxSimple and Compound InterestAnnuities, Methods of Saving, and InvestingHome Ownership