All About the Benjamins
Course:
Algebra 2 Honors

Grade: 9-10

Teacher:
Jonathan Motta

Project Description


Taking out student loans, buying a new car, or making a down payment on your first house can be very exciting (yet scary...) times as you transition into adulthood. Add in figuring out your taxes, saving money for retirement, creating and sticking to a monthly budget and it becomes quite clear that being an adult takes some serious preparation and responsibility in the world of personal finance. The challenge is to learn the ins and outs of all of these things.


Products + Deliverables


Students created a personal finance plan for after high school and college including the following items:

Basic monthly budget in Excel

Estimated taxes on future annual income

Estimated monthly cost of college education, car, and home after graduating college

Future value of home and car

Potential savings and retirement plans

All About the Benjis

Challenge Question(s)


How can I become a financially responsible adult in order to support the lifestyle I want?


Standards Addressed


F-IF.3.7b
Graph functions expressed symbolically and show key features of the graph, by hand in simple cases and using technology for more complicated cases; graph piecewise-defined functions, including step functions and absolute value functions.

A-SSE.2.4
Derive the formula for the sum of a finite geometric series (when common ratio is not 1), and use the formula to solve problems.

F-IF.3.7e
Graph functions expressed symbolically and show key features of the graph, by hand in simple cases and using technology for more complicated cases; graph exponential and logarithmic functions, showing intercepts and end behavior.

F-LE.1.4
For exponential models, express as a logarithm the solution to ab^ct=d where a, c, and d are numbers and the base b is 2, 10 or e; evaluate the logarithm using technology.

F-BF.2.a
Use the change of base formula.


Timeline


8 Weeks (Q2)


Teacher Reflection


There are two applications that students constantly ask their math teachers. The first for some strange reason is how to calculate taxes. The second and more frequently asked is "when are we ever going to use this in real life?" Through researching potential careers, college majors, job markets, and more students were able to make actual connections between Algebra 2 and their personal goals after high school. This project allowed us to tackle both of these questions in a purposeful and meaningful way that will hopefully benefit the students in years to come.
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