Lesson 3 I can calculate the amount of discretionary monies available. When investing is a savings plan, it is better to _____. The practice problems are self-checking so students will receive feedback on most of the problems. consumer math unit 2 lesson 2.doc - Leana Woods 2/28/2021 Agree to the terms of the loan and are obligated to pay according to those terms. A fee charged for not paying a bill is commonly called ________. and more. Suppose that you work at the peacock blue store for 40 hours over five days at a rate of $9.25/hour. You miss your minimum payment and there is a late fee of $29.00. You decide to finance it through the store's 0% program for 12 months. I know I've struggled a lot. Desmos Classroom Activities What is your hourly median income when you obtain your high school diploma but before you start any further education assuming a 40 hour work week? Unit 6: Expressions and equations. You enter into an agreement where the interest (12.5% APR) is waived for the first 12 months provided you make the required monthly payments; otherwise the interest is accrued from the date of purchase. You earn $10.00/hour. Each has a balance of $450.00, but their credit limits are $800.00, $1,200.00, $1,300.00, and $1,500.00. You have the following expenses: clothes - $98.95, utilities - $234.98, rent - $875.34, and groceries - $103.98. A(n) ___ shows you the schedule of payments on a loan and the total interest and payments at the end of a loan. lower your interest rate and the more you may borrow. Consumer Math B, Unit 3, lesson 3 Flashcards | Quizlet The bundle includes a variety of interactive printable and digital activities for teac Subjects: Applied Math, Life Skills, Math Grades: 10 th - 12 th Types: Activities Show 22 included products $64.00 $34.00 Bundle Three of the components include editable versions (the notes and practice, the quiz, and the p, Income tax, we may not like it but our students have to know how it impacts their take home pay! An explanation for how you calculated the first 40 hours of income and then the additional 20 hours of overtime. Add to cart. You pay off the $800.00 credit limit card from the previous problem. Bi-weekly mortgage is $455. _____ by credit card companies are meant to get you to use the credit card. Groceries cost about $87/ week. Round to the nearest percent. Consumer Health. Grades: 7 th - 11 th, Higher Education, Adult Education, Staff. Answer sheets + Bonus: Consumer Math: Lesson 2 pgs. Geometry, Patterns and Algebra. Multiplying the principal by the interest rate and the time. Unit 2 Consumer Math Mathematics 59% average accuracy a year ago mrsbye 3 Save Edit Host a game Play Live Assign HW Solo Practice Practice 27 Questions Show answers Question 1 900 seconds Q. This lesson unit includes all of the print materials for a Renting Unit designed for a high school self-contained consumer math class.LEARNING OBJECTIVE: Identify 2 local apartments for rent within a specific budget.Read about how I teach Renting and ideas for how to use this resource and materials in new ways!Materials include:Five day lesson plansTopic flow chartBrain teaserStudent notes cover page1 page reading passageComprehension que, This financial literacy product focuses on student loans. You have a fair credit rating. The $3,000.00 account will earn three times the amount of interest. Quiz 2 (1.3) To add, subtract, multiply, and divide integers. Consumer Math B Unit 1 Flashcards | Quizlet You receive your pay stub and your gross pay is $1,200.00 and your net income is $836.00. What happened to your debt ratio. Compound interest formulaThe compound interest formula is explained. Also perfect to teach in April because of Tax Day! It includes five parts: notes and practice (with answer keys), lesson extension activities, presentation (Power Point), quiz (with answer key), and a real-world project. $78.09. CCSS: 7.RP.A.3, HSA-SSE.B.3, HSA-CED.A.4. Example 3) $400,000 mortgage Topic 2) 30 year mortgage vs. 15 year mortgage Example 3) $400,000 house 2/8/23 Link - New vs. Used Truck Topics covered: You purchase a computer for $875.00 plus 5% sales tax. How much do you pay for the overages? Consumer Math B, Unit 3, Lesson 4 Flashcards | Quizlet You have 3 credit cards: $990.34 (credit limit: $3,500.00), $2,365.78 (credit limit: $4,600.00), and $5,897.65 (credit limit: $8,000.00). #N@%ChcI!myBI" \qz)w:u/!w chEf&.Q]k11Md((]a~/T4&-.&+bIj>XnN*Yze0(](rm0s "f9gaK/L2>>DyEOU6LW]D*/_@ Pay the minimum amount required each bill, You should have ____ revolving credit lines, The maximum outstanding balance you should have on a credit card with a $4,000.00 limit is ____. How much is your discretionary income for the week? Groceries: $98.75 At the start of January, you have a credit card with a balance of $498, a credit limit of $900, and an interest rate od 15%. If you do not pay anything on the loan during the year and assuming there is no compounding, how much will you owe in total? A credit card gives 2% cash back on purchases. Therefore a development of these concepts will assist the consumers in the accurate completion of their everyday transactions. Doris Debtor got in trouble because ______. Rewarding yourself with a small treat every now and then is probably okay. 18-22. How much is your change, Credit cards are different from debit cards because ____. Subjects: Basic Math, Math, Word Problems. Our real world math for smart kids is a very useful tool for every growing kid. This lesson unit includes all of the print materials for a Time Management Unit designed for a high school self-contained consumer math class.LEARNING OBJECTIVE:Estimate how long it takes to complete a task & create a schedule based on a specific time range and estimated completion time for multiple tasks.Read about how I teach time management and ideas for how to use this resource and materials in new ways.Mat, This financial literacy product focuses on budget. Interest charged when you miss a payment is called _____. Credit card $54.21 You are paid $12.75/hour. You invest $75.00 the first month and $1,000.00 the second month at 3.75% APR. Types: Printables, Workbooks, Worksheets. 15,867+ (15,867*0.0525) Calculate the difference between your net income and fixed expenses. Add expenses for rent/mortage, utilities, food, and gas. Moreover, as exercises on our consumer math worksheets PDF with answers . This lesson unit includes all of the print materials for a Monthly Food Budget Unit designed for a high school self-contained consumer math class.LEARNING OBJECTIVE: Identify meals, ingredients, and cost of food for a (given period of time) that is within a specific budget.Read about how I teach Food Budgets and ideas for how to use this resource a, Renting an apartment or home is a dream of many students. How should you approach payments on a long-term loan, such as an auto loan? A person or company that allows others to borrow money is called _____. = 16,700.02 U1 L8- Examples of Good Credit Quiz Part 1, C. As soon as you take ownership and drive off the lot. What is your new score? Many contents are released for free but you're not allowed to share content directly (we advise sharing website links), don't use these contents on another website or for a commercial issue. One has a balance of $1,675.00 at a 9.75% APR and the other has a balance of $2,378.00 and is dependent upon your credit score. Compound interest word problemsLearn how to use the compound interest formula with these word problems. The down payment is $1,500.00. Paid a set amount for a set number of work hours. Be sure to include in your response: A detailed budget showing income and expenses for the two different months. 3.7-3.11 Savings and Coupons. C. Between average and the low range of poor, There is a great deal of difference in interest rates between ____. Today's Objectives Lesson 1 Make a Budget Lesson 2 I can complete the portfolio with no help. LiveLesson U2 L1 U2L4.pptx - Consumer Math B Unit 2 Lesson 2 & 3 Today Consumer Math B Unit 2 Lesson 2 & 3. You make a $1,300.00 down payment and have a fair credit score. will greatly enhance math vocabulary skills in your little ones. How much are you allowed for housing and fixed expenses? I can determine how much money I need in my emergency fund. Complete the chart. It also includes a how-to guide to help teachers implement each component with their students, as well as a digital guide if you plan to implement the product through digital learning. If there are typically 4 weeks in a month, what do you need to do to estimate your monthly mortgage payment? d?l/VI>-R CB=F"7s)u,3E#mCg^y|pP32|3CkA '55 0a8^RJ*tL) How much interest did you pay? What is your discretionary income? 7. x]mo6 A https://www.khanacademy.org/math/ap-statistics/summarizing-quantitative-data-ap/measuring-center-quantitative/v/statistics-intro-mean-median-and-mode, https://www.khanacademy.org/math/ap-statistics/summarizing-quantitative-data-ap/measuring-center-quantitative/v/mean-median-and-mode, https://www.khanacademy.org/math/ap-statistics/quantitative-data-ap/frequency-tables-dot-plots/v/frequency-tables-and-dot-plots, https://www.khanacademy.org/math/ap-statistics/analyzing-categorical-ap/stats-two-way-tables/v/two-way-frequency-tables-and-venn-diagrams, inspire-connectionsacademy-org.zoom.us/rec/share/0LWNIAmz-sDfROUrIg4D8Da0ocZpdNmpdBgEMZ9H3naT-05lU5RmwF-YvurHzYGa.zVV-Uv73QVB2IbzA?startTime=1678467758000, https://www.khanacademy.org/math/ap-statistics/quantitative-data-ap/histograms-stem-leaf/v/u08-l1-t2-we3-stem-and-leaf-plots, https://www.khanacademy.org/math/ap-statistics/quantitative-data-ap/histograms-stem-leaf/v/reading-stem-and-leaf-plots, inspire-connectionsacademy-org.zoom.us/rec/share/nAlJifKqamiOZ1D5SNQXQNcEcvWcC-GE98khizAuV1-77CQnts5VDalfRRDXG8tx.m7pNYrepooaGrJn5?startTime=1679068904000, https://www.khanacademy.org/math/probability/data-distributions-a1/box--whisker-plots-a1/v/constructing-a-box-and-whisker-plot, https://www.khanacademy.org/math/probability/data-distributions-a1/box--whisker-plots-a1/v/reading-box-and-whisker-plots, https://www.khanacademy.org/math/probability/data-distributions-a1/box--whisker-plots-a1/v/interpreting-box-plots, https://www.khanacademy.org/math/ap-statistics/summarizing-quantitative-data-ap/stats-box-whisker-plots/v/box-and-whisker-plot-exercise-example, https://www.khanacademy.org/math/ap-statistics/summarizing-quantitative-data-ap/stats-box-whisker-plots/v/another-example-constructing-box-plot, https://www.khanacademy.org/math/ap-statistics/summarizing-quantitative-data-ap/stats-box-whisker-plots/v/judging-outliers-in-a-dataset, https://inspire-connectionsacademy-org.zoom.us/rec/share/5TS7CUruKXBdzyVlDC-7m614CaQomPqrOG0pKnawYdT7o0rWDPIBn4fJWlu0DVPt.JTZ_BVlR0NOdvtJ0?startTime=1680030071000, https://www.khanacademy.org/math/ap-statistics/bivariate-data-ap/scatterplots-correlation/v/constructing-scatter-plot, https://www.khanacademy.org/math/ap-statistics/bivariate-data-ap/scatterplots-correlation/v/scatter-plot-interpreting, https://www.khanacademy.org/math/ap-statistics/bivariate-data-ap/scatterplots-correlation/v/bivariate-relationship-linearity-strength-and-direction, https://www.khanacademy.org/math/probability/scatterplots-a1/estimating-trend-lines/v/estimating-the-line-of-best-fit-exercise, https://www.khanacademy.org/math/probability/scatterplots-a1/estimating-trend-lines/v/smoking-1945-extrapolation, https://www.khanacademy.org/math/probability/scatterplots-a1/estimating-trend-lines/v/interpreting-trend-line, https://www.khanacademy.org/math/pre-algebra/pre-algebra-math-reasoning/pre-algebra-picture-bar-graphs/v/reading-pie-graphs-circle-graphs, inspire-connectionsacademy-org.zoom.us/rec/share/ET-UOOFpQAQu_UNTaqSy6sN4JFp76UFxjJykY9DIDOMf8FqnNZV_QolWQyZzHDwS.MnHoXQrRj8f5cRGT?startTime=1680278495000, https://www.khanacademy.org/math/ap-statistics/analyzing-categorical-ap/stats-two-way-tables/v/two-way-relative-frequency-tables, https://www.khanacademy.org/math/ap-statistics/analyzing-categorical-ap/stats-two-way-tables/v/interpreting-two-way-tables, inspire-connectionsacademy-org.zoom.us/rec/share/hz289_fnuiSbIrAVSydXiIuNMR4HA7D6F0BLLZwgQK8wpJwDyqmkhbaTjyQ-bLFi.Q1e9nJxMNHsGzV41?startTime=1680635081000. The interest rate for the mortgage is 4.65%. How much is your balance at the beginning of the second month? This lesson unit includes all of the print materials for a Geometry Unit designed for a high school self-contained consumer math class.Learning Objective:-Identify, draw, and measure points, rays, line segments, rays, angles, and parallel and perpendicular lines.-Calculate area and perimeter of a space. Which credit limit gives you an acceptable debt ratio? Say that you or your parents are purchasing a house for $235,000 and have an excellent credit score. Consumer math is a field of mathematics, which shows you how to use your basic math skills to real life situations such as buying a car, budgeting your money, investing, paying taxes, getting a mortgage, etc. Create your own unique website with customizable templates. This is a complete unit that focusses on creating a household budget, and maintinaing a positive balance at all times. Doris Debtor got in trouble because _____. endobj FigureFaceEdgesVerticesEulersFormulan-gonalpyramid____________________\begin{matrix} \text{Figure} & \text{Face} & \text{Edges} & \text{Vertices} & \text{Euler's Formula}\\\text{n-gonal pyramid} & \text{\_\_\_\_\_} & \text{\_\_\_\_\_} & \text{\_\_\_\_\_} & \text{\_\_\_\_\_}\\ \end{matrix} Fixed expenses should not total more than your net income. How much will you pay for your telephone use in a year? Eureka Math Basic Files. Consumer math is such an important and fun course to teach, and I hope that your students thoroughly enjoy building their financial literacy with you! GRADE 3 Learners Materials - 3rd Quarter LM | DepEd Club PK ! Invest all the money you can in the beginning at the highest compounding interest rate possible, and then add money periodically. If the credit card from the previous question has an interest rate of 14.75% and you do not make a payment the first month on the $1,685.90 balance, how much is the difference between the interest and reward? Which interest rate do you use? Calculate take home payLearn to calculate how much money you take home with you after taxes and/or deductions. This Consumer Math Unit covers a wide variety of terms that relate . 4 0 obj `i| %L>mtd4m4GFW-zVYd DhdT:1Qffn(244~= When you spend more than you make, you have a(n) _____? The sales tax is 4%. Use area and perimeter formulas to find volume of a space.Read about how I teach Geometry Basics and ideas for how to use th, Saving money is so important- teach your students this concept now! Health 3. Here is what you should expect from these lessons about consumer mathematics. In which situation will you earn the most? Which of the credit cards below should you pay off first? You work 40 hours/week for 50 weeks and are given the option to be paid hourly to go on salary. You enter into an agreement where the interest (12.5% APR) is waived for the first 12 months provided you make the required monthly payments; otherwise the interest is accrued from the date of purchase. You miss the first payment due date. (Remember, in the previous problem you have four credit cards. A person or company that allows others to barrow money is called ______. These free printable math workbooks and lesson plans provide a . You pay off the lowest balance and close the card. Consumer Math Units Worksheets & Teaching Resources | TpT You have $2,675.00 on a credit card with a 15.75% APR. Your cell phone plan is $35.98/month plus a utilities tax of 6.5% APR. An example of a voluntary deduction is _____? Ij.4UzY`PZOx!4z^.c/ gv}Kg^J{6({~.fN0QW &{?%n.NxD(~D}1o:2TMUo]2V!wYoD'LozdIN}A.O?q'._?O|@7oC+6{~@$(CyoNL3AFU3[VX>L~8lyT8 OiO)I"Z@$jPHj (j"t+N+_GsHaM>OQtm mQ/:IoAt=Uc?/2k"C8? This lesson unit includes all of the print materials for an Income Tax Account Unit designed for my high school self-contained consumer math class.LEARNING OBJECTIVE: Calculate the net pay after income tax is taken out using an electronic calculator/website.Read about how I teach Income Tax and ideas for how to use this resource and materials in new ways!Materials include:Five day lesson plansTopic f, Health insurance, medical insurance, or car insurance- every student will need it and understanding the basics is key to this complex adult life skill! What is the difference in the accrued interest at the end of the first month between the average and excellent credit ratings? N _rels/.rels ( j0@QN/c[ILj]aGzsFu]U ^[x 1xpf#I)Y*Di")c$qU~31jH[{=E~
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