Consumer Math – How to Compute Simple Interest
Consumer Math – How to Compute Simple Interest

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Calculating Simple Interest

In this math worksheet, students investigate the concept of paying interest on a loan. Students read 10 problems where they look at a picture of something they are going to buy at a certain price and interest rate. Students calculate the…

Yummy Math

US Holiday Candy Sales

Candy is a big business! Calculate the amount of money consumers spent on major holidays—Easter, Halloween, Christmas, Hanukkah, and Valentine’s Day—based on the total amount of candy sales from 2011 and the percentage of each holiday’s…

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Money Math Lessons for Life

An outstanding instructional activity on financial literacy is here for you. Learners are presented with six scenarios, then compute the amount of savings they will have in their accounts. They complete a series of exercises designed to…

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Shopping Spree

Students calculate discounts, sale price, and sale tax. In this consumer math lesson, students visit mock stores which have items for sale. Students calculate the final prices of items.

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Rule of 72

Find an easier way to double it. Using the price of an item and the Consumer Price Index, learners determine how long it will be for the price to double. Scholars calculate the length of time it would take for the price to double using a…

Illustrative Mathematics

Discounted Books

Adolescents love to shop, especially when an item is discounted. Here, shoppers only have a set amount of money to spend. Will they be able to make a purchase with the discount and tax added in? Percent discounts can be calculated…

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Consumer Math

Students explore percentages by participating in a consumer math activity. In this economics lesson, students read different math scenarios and identify the price of an item after a special discount has been given. Students utilize…

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Tools for Integrating Math and Engineering: Weighin’ In

Students collect and analyze data on a fictional cereal company’s products. In this measurement lesson, students collect data from cereal boxes (weight, volume, surface area, etc.) to determine if the boxes labels correctly inform…

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A Trip to Colonial Virginia

Students consider prices while planning a trip to Colonial Virginia. In this budgeting lesson plan, students construct an itinerary of events for a vacation. Students are responsible for working within the approved budget.

Markup and Markdown Problems

There is a 100 percent chance this resource will help pupils connect percents to financial literacy. Young mathematicians use their knowledge of percents to find markups and markdowns in financial situations in the seventh segment in a…

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Buying a Car

Students complete the PLATO ¿¿ Educational Software lesson: Math Problem Solving: Car Costs to determine if he/she can afford to drive the car they are planning to buy.

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Light Bulbs are Almost Burned Out

Incandescent light bulbs were enlightening more than 130 years when Thomas Edison invented them. More recently, US Congress passed legislation to increase efficiency standards. Your 5th, 6th, or 7th graders will be enlightened as they…

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Largest Hamburger Ever?

If a 150 lb. person can comfortably eat and digest a 1 lb. burger, then how large would the person be who can comfortably eat and digest a 350 lb. burger? For a burger that size, it would take either a large person or a class of really…

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What proportion of rough rice is prepared into consumable rice?

Fifth graders find the percentages of rough rice that can be eaten. In this percentage lesson, 5th graders look at 100 lbs. of rough rice and see the steps needed before it can become the white rice sold in stores. They find the…

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Percents: What’s the Use?

Students explore percentages in real world situations. In this percents lesson plan, students determine the final sales price after discounts. Students interview community members and determine how percentages are used in the real world.

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Lesson 3: A Fresh Start

The members of your economics class may be busy earning graduation credits, but the credit they should be concerned about is their financial credit. The third lesson plan in a unit about Hurricane Katrina and other events that can result…

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Store Wide Sale

Learners practice figuring percentages by solving written shopping problems. In this consumer math lesson, students read several scenarios dealing with items on sale and must figure out the new price. Learners check their work with a…

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Rising Gas Prices – Compounding and Inflation

Financial literacy skills and exponential models are connected by the compound interest formula in this task centered on inflation calculations. Collaborative learners get experience collecting data from the given websites and exploring…

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EBT-rimental

Students engage in a lesson plan that gives them the tools needed to become knowledgeable credit consumers. The companion website for the ITV program TV-411 is used to provide learners with an interactive experience of what credit has to…

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A Trillion Here…A Trillion There

In this working with large numbers worksheet, students are given the finance statistics for the US and the world for the 2006-2007 year. Students solve 11 problems including finding averages and percentages for the given statistics and…

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Percents: What’s the Use

Young scholars research percentages in real world situations. In this percents lesson, students demonstrate their ability to apply percents to everyday situations. Young scholars communicate mathematically by conducting interviews about…

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Fashion Sense and Dollar Wise

Middle schoolers work in groups to show understanding of the relationship between fractions, decimals, percentages, and the application of ratios and proportions. For this decimals, fractions, and percents lesson, students use real life…

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Fashion Sense and Dollar Wise

Students find the cost of an outfit. In this percentages lesson, students look at ads, pick out an outfit, and find the sale price. They create a commercial and complete 4 included worksheets.

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Kool Kumara Lesson Plans – Healthy Living

Students read graphs as they work with recommended daily intakes of nutrients. In this math and nutrition lesson, students examine Recommended Daily Intake Maps to establish how much of the daily requirement is met by eating on kumara….

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