Unit1:EmploymentBasics

Overview
:Studentswillexploretheworldofworkfromthefirsttimetheybegintolookforemploymenttoyearsintheirfuture.
EssentialQuestions
:
Howdoyoucomputeasalaryinagiventimeperiod?Howdoyoucomputevariousdeductionsfromyourpaycheck?
TimeFrame
:3weeks
Topics

MathematicalConcepts

61

LookforEmployment
Classifieds
JobApplication
Resume
InterviewProcess

62

PayPeriodsand
HourlyRates
Paystubs

63
Commissions,
Royalties,andPiecework
Pay

64

EmployeeBenefits
Grosspayvs.net
Unemployment

65

SocialSecurityand
Medicare

Piecewisefunctions

Exponentialfunction
Linearfunctions
Percentages

MathPractices&Skills

SuggestedResources

Computeperiodicsalary
basedonannualcontract
salary.

Computehourly,weekly,
biweekly,semimonthly,
annuallyearningsalong
withovertimepay

Computepaybasedon
percentcommission

Calculatingemployee
deductions

*FinancialAlgebra
by
RobertGerver,etal.
(Ch6)

*ClassifiedAds
http://www.mercedsunsta
r.com/classifiedads/

JobApplication
http://wsd.dli.mt.gov/local
/kalispell/documents/Busi
ness_Application.pdf

http://www.brighthub.com
/multimedia/publishing/art
icles/128186.aspx

ResumeTemplate
http://www.livecareer.co
m/resumetemplates

GenericPaystubs
http://www.tidyform.com/
paystubtemplate.html

http://www.brighthub.com
/office/entrepreneurs/artic
les/92622.aspx

Vocabulary(Vocaband
Grammar)

employmentagency
FormW4
biweekly
semimonthly
directdeposit
overtimehours
grosspay
commission
royalty
pieceworker
employeebenefits
retirementplans
stockownershipplans
pension
unemploymentinsurance
workerscompensation
FICAtax
SocialSecuritytax
Medicaretax
maximumtaxableincome


Unit2:BankingServices
Overview
:Studentswillexplorebankingserviceswithinthecontextofperceivedriskandrewardofsavingsandcheckingaccounts.
EssentialQuestions
:
Howdoyoureconcileyourbankstatement?Howwouldyoucomputeinterestforanaccount?
TimeFrame
:2weeks
Topics

MathematicalConcepts

MathPractices&Skills

SuggestedResources

31
CheckingAccounts

Algebraequations
involvingdepositsand
withdrawals.

Add/Subtractdecimals
whilereconciling

SimpleInterestFormula:

Expressionsand/or
Equations:
Johncashedacheckfor$630.
Thetellergavehimthree
fiftydollarbills,eighteen
twentydollarbills,andt
tendollarbills.Determinethe
valueoft.

Add/subtractdecimals
whilereconciling:
https://docs.google.com/do
cument/d/1e1r0CIXOWshR
Ac0SJENFkUC_HBVyHzpf
vzyOHhKBLvU/edit

SimpleInterestFormula:
Mitchelldeposits$1,200inan
accountthatpays4.5%
simpleinterest.Hekeepsthe
moneyintheaccountfor
threeyearswithoutany
depositsorwithdrawals.
How

FinancialAlgebra
(Ch3)
byRobertGerver,etal.

Reconciliation:
http://anytime.cuna.org/11
572/checking/checkbook_r
econciling.htm

Interest:
https://www.mathsisfun.co
m/money/interest.html

CompoundInterest:
http://www.ixl.com/math/gr
ade8/compoundinterest

32
ReconcileaBank
Statement
33
SavingsAccounts
34
ExploreCompound
Interest
35
CompoundInterest
Formula
37
FutureValueof
Investments
38
PresentValueof
Investments

I=Prt

muchisintheaccountafter
threeyears?

Vocabulary(Vocaband
Grammar)

checkingaccount
electronicfundstransfer
(EFT)
payee
checkclearing
directdeposit
hold
endorse
insufficientfunds
overdraftprotection
personalidentification
number(PIN)
debit
credit
bankstatement
reconciling
savingsaccount
principal
interestrate
simpleinterest
statementsavings
moneymarketaccount
certificateofdeposit(CD)
maturity
compoundinterest
annualpercentagerate
(APR)
annualpercentageyield
(APY)

CompoundInterest
Formula

FutureValueofaPeriodic
DepositInvestment

PresentValueofaSingle
DepositInvestment

CompoundInterest
Formula
Joseopensasavings
accountwithprincipal
P
dollarsthatpays5%
interest,compounded
quarterly.Whatwillhis
endingbalancebeafter
oneyear?

FutureValueofaPeriodic
DepositInvestment

RichandLauraareboth45
yearsold.Theyopenan
accountattheRhinebeck
SavingsBankwiththe
hopethatitwillgain
enoughinterestbytheir
retirementattheageof65.
Theydeposit$5,000each
yearintoanaccountthat
pays4.5%interest,
compoundedannually.
Whatistheaccount
balancewhenRichand
Lauraretire?

PresentValueofaSingle
DepositInvestment

Ritikajustgraduatedfrom
college.Shewants
$100,000inhersavings
accountafter10years.
Howmuchmustshe
depositinthataccountnow
ata3.8%interestrate,
compoundeddaily,inorder
tomeetthatgoal?Round
uptothenearestdollar.


Unit3:DailyExpenses
Overview:Studentswillexplorewaysofsavingmoneybyplanningmealsandbuyingfoodandotherdailyexpenses.
EssentialQuestions:Howdoyoucreateafoodbudget?Howdoyoucalculateunitcoststocompareitems?Howdoyoucalculate
percentdiscountsonitems?
TimeFrame
:2weeks
Topics

GroceriesandMeal
Planning
trackmealsfora
week
coupon
discounts
unitcost
comparison

EntertainmentOptions
goingouttoeat
themovies
Clothesandother
personalitems

Mathematical
Concepts

MathPractices&Skills

SuggestedResources

UnitConversion

AlgebraicEquations

Percent

BlankWeeklyMenu
Planning:
http://consumermath.org/w
pcontent/uploads/FormM
enuWorksheet.pdf

Compareunitpricing:
https://docs.google.com/a/
muhsd.k12.ca.us/documen
t/d/1lo409r5HoxaiTIcAVAG
kIGSB8KhoNC2nzuFZEP
WROKA/edit?usp=sharing

Calculatepercent
discounts:
http://www.tlsbooks.com/p
ercentagepractice1.pdf

MealPlanning:
http://consumermath.org/c
urriculum/consumermath
curriculum/personalfinanc
e/course1unit5mealpla
nningsavingmoney/

http://www.frugalmama.co
m/2009/10/neveraskagai
nwheredoesallthemone
ygo/

ChecklocalgroceryStores
foritempricing,
coupons,etc.

Forentertainmentpricing:
Localrestaurantmenu
items
Movietheatres
Concerttickets
ThemeParkentrancefees

Vocabulary(Vocaband
Grammar)

Unitprices
budgeting
expire
conversion
percentage


Unit4:IndependentLiving
Overview:
Studentswillusealgebraandgeometryskillstoinvestigatetheprocessesoflookingforaplacetolive,understandingthelayoutofthe
livingspace,andcalculatingthecostsofrentingorbuyingahome.
EssentialQuestions:
Howwouldyouuseafloorplan/squarefootageincomparingapartmentscosts?Howdoyoumakeadecisionwhen
consideringrentingorbuyingahome?
TimeFrame
:2weeks
Topics

MathematicalConcepts

MathPractices&Skills

81
FindaPlacetoLive

82
ReadaFloorPlan

83
MortgageApplication
Process

84
PurchaseaHome

85
Rentals,
Condominiums,and
Cooperatives.

Calculatestheaffordability
ofamonthlyrent.

Determinetherelationship
betweensquarefootage
andmonthlyrent.

Determineleasesigning
costs.

Readafloorplanand
applyunitconversions.

Calculatestheaffordability
ofamonthlyrent.

FinancialAlgebra
(Ch8)
byRobertGerver,etal.

Milenahasagrossbiweekly
Calculatemonthlyrent
incomeof$2,200.Shepays
http://www.moneycrashers.
18%infederalandstate
com/monthlyrentaffordca
taxes,putsaside10%ofher
lculator/
incometopayoffherschool
loan,andputs5%ofher

incomeasideforsavings.She calculatemovingexpenses
isconsideringanapartment
computemonthlycosts
thatrentsfor$1,200per
http://www.homefair.com/
month.
movers/movingrelocationt
ools.asp
a.
Isthismonthlyrentalfee

withintherecommended

25%30%housingexpense
range?

b.
Basedonherexpenses,
canshemakethemonthly
payments?

ReadafloorPlan:
https://docs.google.com/do
cument/d/1TTDsF6YvjorEH
jHDYbQhG6DiQOZccch0H
gmWVYf_T4/edit

SuggestedResources

Vocabulary(Vocaband
Grammar)
tenant
landlord
lease
evict
singlefamilyhome
squarefootage
applicationdeposit
securitydeposit
marketvalue
propertytax
realestatetax
assessedvalue
mortgage
foreclosure
homeowners
insurance
escrow
recurringcosts
closingcosts
originationfee
title
points
prepaidinterest
transfertax
amortizationtable
initialrate
condominium
maintenancefee
equity


Computethemonthlycost
ofpayingforahouse.

Computethemonthlycost
ofpayingforahouse.

Heatherisplanningtobuy
ahome.Shehassome
moneyforadownpayment
already.Sheseesahome
shewouldlikeand

computesthatshewould

needtoborrow$190,000

fromabankovera30year

period.TheAPRis6.4%.

Whatwillbehertotal

interestforthe30years?

Compare&contrastthe
Solvetwostepequations
costofrentingan
usingtheadditionand
apartmentorhomeversus
multiplicationmethods
buyingahomeor

condominium.
Solveasystemof

equations

Computetheperimeterand
Estimateclosingcosts.
theareaofapolygon

Computeareasofirregular
regions

Computevolumesof
rectangularsolids


Unit5:PrepareaBudget
Overview:Studentswillexploretypicalutilitybills,budgeting,andmanagingthebalanceofincomewithdebt.
EssentialQuestions:
Howdoyoucreateayearlybudget?Howdoyouplanforexpenses,reducedebt,andgrowsavings?
TimeFrame
:2weeks
Topics

MathematicalConcepts

MathPractices&Skills

SuggestedResources

101
UtilityExpenses

GraphFunctionsandshow
keyfeatures(Comparecell
phonecompanies)
http://www.mathedpage.or
g/lessons/cell/

Usematricesto
manipulatedata(Charta
budget)

https://www.firstdakota.co
m/Uploads/Documents/Bu
dgetEnglish.pdf

AnalyzingBudgets

Analyzethecostsof
utilities.

Developandinterpret
charts.

FinancialAlgebra
(Ch10)
byRobertGerver,etal.

102
ElectronicUtilities

103
ChartingaBudget

104
CashFlowand
Budgeting

Vocabulary(Vocaband
Grammar)

utility
meter
watt
kilowatthour(kWh)
volume
budgetmatrix
row
column
piechart
linegraph
bargraph
cashflowanalysis
prorate
budgetplan
networth
assets
liabilities
debttoincomeratio

Unit6:ConsumerCredit
Overview:
EssentialQuestions:
TimeFrame
:2Weeks
Topics
41
Introductionto
ConsumerCredit

MathematicalConcepts

MathPractices&Skills

Computefinancecharges
forinstallmentpurchases.

42
Loans
Computemonthly
paymentsusingaformula.
43
LoanCalculationsand

Regression
Computefinancecharges
onloans.
44
CreditCards

45
CreditCardStatement Calculatethepresent
valueofasingleand
46
AverageDailyBalance periodicdeposit
investments.

Computeanaveragedaily
balance.

Calculatetheaveragedaily
balance&financecharge
usingthecreditcalculator.

SuggestedResources
FinancialAlgebra
(Ch4)
byRobertGerver,etal.

LoanCalculations
http://www.homefair.com/
movers/movingrelocationt
ools.asp

Freecreditreports:
https://www.annualcreditre
port.com/index.action

Freecreditscore:
https://www.creditkarma.co
m/

Vocabulary(Vocaband
Grammar)

credit
assets
creditrating
FICOscore
financecharge
principal
annualpercentagerate
(APR)
cosigner
lifeinsurance
wageassignment
prepaymentpenalty
wagegarnishment
balloonpayment
revolvingchargeacct
debit/creditcard
electronicfundstransfer
billingcycle
accountnumber
creditline
transactions
availablecredit
paymentduedate
payments/credits
minimumpayment
financecharge
averagedailybalance


Unit7:AutomobileOwnership
Overview:
EssentialQuestions:
TimeFrame
:
Topics

MathematicalConcepts

MathPractices&Skills

SuggestedResources

51
ClassifiedAds

FinancialAlgebra
(Ch5)
byRobertGerver,etal.

52
BuyorSellaCar
53
GraphFrequency
Distributions
54
AutomobileInsurance
55
LinearAutomobile
Depreciation
56
Historicaland
ExponentialDepreciation
57
DrivingData
58
DrivingSafetyData
59
AccidentInvestigation
Data

Vocabulary(Vocaband
Grammar)


Unit8:PreparingforCollege
Overview:
EssentialQuestions:
TimeFrame
:
Topics

MathematicalConcepts

MathPractices&Skills

SuggestedResources

Vocabulary(Vocaband
Grammar)


Unit9:IncomeTaxes
Overview:
EssentialQuestions:
TimeFrame
:
Topics

MathematicalConcepts

MathPractices&Skills

71
TaxTables,
Worksheets,and
Schedules

Inequalitiesand
compoundinequalities

Inequalitiesand
FinancialAlgebra
(Ch7)by
compoundinequalities
RobertGerver,etal.
If
r
representsRon's
taxableincome,express
histaxintervalasan
inequalityusinginterval
notation.

IncomeStatements:
Barbarastartedanewjob
andwantstoverifythather
netpayhasbeen
computedcorrectly.Her
grosspayperpayperiodis
$269.75.Shehasthe
followingdeductions:FICA
tax6.2%,Medicaretax
1.45%,federalwithholding
tax$47.51,state
withholdingtax$16.62,
retirementinsurance
contribution$9.00,
disabilityinsurancefee
$2.56,medicalinsurance
fee$12.00,anddental
insurancefee$6.00.What

72
ModelingTax
Schedules???

73
IncomeStatements

74
Forms1040EZand
1040A

75
Form1040and
SchedulesAandB

t
51,000and
t
<51,050
Thiscanalsobesymbolized
using
intervalnotation
as

51,000
t
<51,050

SuggestedResources

Vocabulary(Vocaband
Grammar)
propertytax
salestax
incometax
taxableincome
tax
InternalRevenueService
(IRS)
single
marriedfilingjointly
qualifyingwidow(er)
marriedfilingseparately
headofhousehold
flattax
proportionaltax
progressivetaxsystem
taxbracket
regressivetaxschedule
rosspay
netpay
takehomepay
paycheck
paystub
FormW4
withholdingtax
FormW2
Form1099
taxdeferredcontribution

shouldhernetpaybefor
thispayperiod?

cafeteriaplan
flexiblespending
account(FSA)


Unit10:RetirementandInvestments
Overview:
EssentialQuestions:
TimeFrame
:
Topics

MathematicalConcepts

MathPractices&Skills

SuggestedResources

FinancialAlgebra
(Ch9)
byRobertGerver,etal.

Vocabulary(Vocaband
Grammar)


Unit11:TheStockMarket
Overview:
EssentialQuestions:
TimeFrame
:
Topics

MathematicalConcepts

MathPractices&Skills

SuggestedResources

FinancialAlgebra
(Ch1)
byRobertGerver,etal.

Vocabulary(Vocaband
Grammar)


Unit12:ModelingaBusiness(Optional)
Overview:
EssentialQuestions:
TimeFrame
:
Topics

MathematicalConcepts

MathPractices&Skills

SuggestedResources

FinancialAlgebra
(Ch2)
byRobertGerver,etal.

Vocabulary(Vocaband
Grammar)