cla business mbf3c interest

8/10/2019 CLA Business MBF3C Interest

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Specialist High Skills Major (SHSM)

Notes:

This CLA is missing the following components from the template:

o Assessment and !al"ation of St"dent Achie!ement

o Accommodations

Conte#t"ali$ed Learning Acti!ities (CLAs)

For the other required credits in the bundle of credits, students in a Specialist High Skills Majorprogram must complete learning activities that are contextualied to the kno!ledge and skillsrelevant to the economic sector of the SHSM" #ontextualied learning activities $#%&s' addresscurriculum expectations in these courses"

This CLA has been created by teachers for teachers.It has not undergone an approval process by the Ministry of Education.

Contact %nformation

&oard(ear (orth )istrict School *oard

'e!elopment date+une -, .--/

Contact person0arin 1odlatis2*ro!n

ositionSecondar3 1rogram #oordinator4SHSM #oordinator

hone$5-6'275.288.5

a#$5-6'275.288.5

*mailpodlatisk9nearnorthschools"ca

Specialist HighSkills Major *usiness

Co"rse codeand co"rse title M&+C o"ndations for College Mathematics

Name ofconte#t"ali$edlearningacti!it,-acti!ities

1ersonal Finance

:
mailto:[email protected]:[email protected]


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&rief descriptionofconte#t"ali$edlearningacti!it,-acti!ities

1art : 2 Students !ill be introduced to the theor3 of Simple ;nterest1art . 2 Simple ;nterest $Sequence and


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%nstr"ctional-Assessment Strategies

Teacher0s notes

Conte#t

Students !ill be able to identif3 the skills learned in these lessons to real lifeinvestments in the future"

Strategies

Assessment and !al"ation of St"dent Achie!ement

Strategies-Tasks "rpose

:"

."

"

Assessment tools


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Additional Notes-Comments-#planations

Sho!ing the students ho! simple and compound interest !ork in both debt andsavings !ill provide a more practical understanding than onl3 illustrating one or theother"

art 1 2 Simple %nterest- ;ntroduce the activit3 b3 discussing the concept of tipping a !aiter4!aitress"

o See &ppendix & @ Student Dip uestion

o se &ppendix & as an overhead or !ithin a 1o!er1oint 1resentation"

- &sk students about an3 debt the3 ma3 have !ith a bank or financial institution$e"g" credit card'

- &sk student about an3 savings the3 ma3 haveo


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- Home!orko Suppl3 students !ith the spreadsheet file named Simple ;nterest

&mortiation in the #%& folder" Dhis can be done via the teacher !ebsiteor b3 sharing the file on a net!ork drive at school" Dhis file is also

available at the follo!ing !eb addressIhttpI44!!!"vertex7."com4


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art 7 2 Compo"nd and Simple %nterest Comparison with Mortgage Application

- See &ppendix < and use as a template for the lesson"

- Home!orko se Student Eorksheet in &ppendix uestions*

1. If the interest rate is 7% how much must be paid per month.Show your work.

. !ow many months wi"" it take for the mort#a#e to be paid inwith the ori#ina" numbers in the spreadsheet$

. Sketch the "ine #raphs be"ow with 1&' (umber of periods and)' *Inc"ude a "e#end+.

a. ,hat main dierence do you notice between the two#raphs$

. !ow many years wi"" it take to pay o the mort#a#e at 1&'payments$

:.


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). In ce"" /)0 the interest rate is "isted as '.)&% but when thatce"" is se"ected0 the formu"a bar disp"ays 27%314. If theinterest rate is di5ided by 1 what does this imp"y about the

Tota" 6 of eriods *(per+.

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cla business mbf3c interest

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