10-30-23 Loans and Compound Interest
- What
- 10-30-23 Loans and Compound Interest
- When
- 10/30/2023
Teacher: Coach Wakeland/Coach Burkett
Course/Subject: College Readiness
Loans and Compound Interest
Standards:
CRM.PAR 3.3 & 5
CRM.FGR 4.5 & 6
CRM.MP. 1, 2, 3, 4, 5, 6, 7, 8
:
Learning Target
• I can find the amount of interest applied to a loan.
• I can find monthly payment of loans for a duration of time.
• I can find my monthly payments for student loans.
Success Criteria:
• I can find the amount of interest applied to a loan.
• I can find monthly payment of loans for a duration of time.
• I can find my monthly payments for student loans.
Introduction/Connection: Daily 10
Direct Instruction:
Daily 10
Loans and Compound Interest
Guided Practice: Students will learn about the Mathematics application during the Loans and Compound Interest activity.
Independent/Collaborative Practice/Differentiation: Students will be allowed to work in groups of up to 4 to complete the given assignment Practice Worksheet
Summarize/Check for understanding: Teacher questioning, guided practice will be checked for accuracy and corrections will be made.
Students will students create a word problem regarding their finances. Students will write the equation in function notation and find the domain and range.