Teaching Money Applications to Make Mathematics Meaningful, Grades 7-12

by Elizabeth Marquez

• ISBN13: 9781412941389
• ISBN10: 1412941385
• Format: Hardcover
• Copyright: 2007-05-17
• Publisher: Corwin Pr

Summary

Research has solidly established the importance of teaching mathematics in contexts that capture student interest and involvement. Weaving real-world financial issues into secondary mathematics instruction, this highly practical book offers teachers engaging ways to infuse personal money management into NCTM standards-based math lessons.

Table of Contents

Foreword	p. vii
Introduction	p. ix
Math Locator: By Chapter and Teaching Examples Within Chapters	p. xi
About the Authors	p. xiii
Cars, Cars, and More Cars: Paying for Your Wheels	p. 1
NCTM Standards Applied in This Chapter	p. 1
Background: Basics of Buying Cars	p. 2
Car Costs	p. 3
MPG Plus	p. 8
Buy or Lease	p. 14
Savings: Reality Check and the Difference Between Needs and Wants	p. 17
NCTM Standards Applied in This Chapter	p. 17
Background: Basics of Savings	p. 18
Budgets and Savings	p. 20
Future Value: A Geometric Sequence	p. 24
Annuities: A Geometric Series	p. 30
Credit Cards and Debt Management: Using Credit Seems Unreal	p. 37
NCTM Standards Applied in This Chapter	p. 37
Background: Basics of Credit and Debit Cards	p. 38
Calculating Minimum Monthly Payments	p. 39
Credit Card Payoff: A Spreadsheet	p. 44
Investments: The Basics and More	p. 53
NCTM Standards Applied in This Chapter	p. 53
Background: Basics of Investments	p. 54
Stock Prices and Percents	p. 58
Analyzing Graphs of Stock Prices	p. 62
Statistics of Stock I: Measures of Center, Standard Deviation, Normal Distribution	p. 67
Statistics of Stock II: Weighted Average, Correlation, Line of Best Fit	p. 76
Buying a House Versus Renting: How Much Will It Cost?	p. 89
NCTM Standards Applied in This Chapter	p. 89
Background: Basics of Buying a House and Renting an Apartment	p. 90
Budgeting for a Down Payment	p. 92
Determining Mortgage Payments: Tables, Formulas, Spreadsheets	p. 96
Principal and Interest Functions	p. 100
Taxes: How They Work	p. 105
NCTM Standards Applied in This Chapter	p. 105
Background: Basics of Income Taxes-Federal and State	p. 106
Income Tax and PICA	p. 108
Capital Gains and Losses	p. 112
How Uncle Sam Uses Tax Dollars	p. 114
Economics: Supply and Demand, Inflation, and the GDP	p. 117
NCTM Standards Applied in This Chapter	p. 117
Background: Economics, Supply and Demand, Inflation, and the GDP	p. 118
Supply and Demand Functions	p. 119
Inflation and the GDP	p. 125
In Business for Yourself: Business Plan and Break-Even Analysis	p. 129
NCTM Standards Applied in This Chapter	p. 129
Background: In Business for Yourself-A Business Plan and Break-Even Analysis	p. 130
Starting a Business: Pro Forma Income Statement	p. 132
Revenue, Costs, and Break-Even Points	p. 135
Selected List of Formulas	p. 139
Excel Spreadsheet Hints	p. 143
Money Glossary	p. 145
Index	p. 151
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