Algebra 2 Choice Board This project is worth 100 points, and you get to choose which parts to complete!

You can choose to do everything if you would like to, but you can only earn a maximum of 120 points. College/Future Schooling 10 points Where would you like to continue your education after high school? How much does it cost to attend this school? Are there any scholarships available, and if so, which ones do you think you will be able to receive? Now lets assume that you dont receive any scholarships. What type of college loan would be your best choice? Explain why. Future Monthly Budget 30 points Imagine yourself 10, 15, maybe even 20 years in the future. Where would you want to be living? What job would you have? What type of car would you drive? What would your house look like? Your task is to create a monthly budget for your future self with all of these questions in mind. Along with your monthly budget, create a visual that illustrates your future life. This could be a poster, PowerPoint, video, or anything else you can think of. Include pictures, and be creative! Remember to include City Job and salary House/apartment Car/transportation Utilities and bills Miscellaneous expenses Money to save each month Credit Card Debt 15 points Research different types of credit cards, and find the best one for you. What is the interest rate? (Do not use the introductory interest rate.) Assume that you have $5000 in credit card debt. Calculate how long it would take you to pay off your credit card bill if you made no other purchases and only paid the minimum amount each month. What is the total amount you would be paying the credit card company? Savings Account 15 points Find a savings account. What is the interest rate of this account? If you deposited $10,000 into the savings account, how much money would you have after 10 years if interest is compounded quarterly? Monthly? Continuously? Long-Term Investment 20 points Using your monthly budget, calculate how much money you would have in your savings account when you retire. Assume that you are making monthly deposits and that interest is compounded monthly. If you want to have $500,000 in your account when you retire, how much money should you start investing right now each month? Are there better investment strategies than a savings account? Describe one other investment method. Present Project 10 points

Practice Problems 5 points each Show your work to receive full credit! 1. Solve 2. Write 3. Write 4. Evaluate 5. Solve 6. Use 7. Solve 8. Solve 9. Express 10. Solve . . to approximate the value of . . Round to the nearest ten-thousandth. in terms of common logarithms. Solve. . . in logarithmic form. in exponential form.

Deadline: Wednesday, December 11 - 15 points Thursday, December 12 10 points Friday, December 13 5 points **5 points will be deducted from your overall score for each subsequent school day your project is late.**