Monday, December 19, 2011

Monday December 19, 2011

Today will be our final day working on our "Real Life" assignment. Students will be calculating totals on their income and expenses. They will then be writing 2 paragraphs that answer some questions that I have provided them with. Below is the assignment they received in class. Homework for this evening is page 62 in their workbook which deals with finding percents of whole numbers. Tomorrow we will review homework and take a short quiz. I will post sample quiz questions later today

1.) What was the total dollar amount of all deposits into your checking AND savings account (total $ IN)?
2.) What was the total dollar amount of all withdrawals (total $ SPENT)?
3.) What was your final balance in...
 Checking? Savings? Total?
4.) In 2 paragraphs of 4-5 sentences each, summarize what you encountered during the "real life" assignment. Use the following questions to guide your response
            -Did your income influence your decisions on which items you purchased?
            (housing, cell phone, groceries, car, holiday gifts, etc)
            -Did you have to transfer money from savings into checking to pay for any expenses?
            -What other expenses might you encounter that you did not come across during the assignment?
            - If we did this assignment again, would you make any different spending/ saving decisions?
            - Which math concepts did you use during this assignment?