Day 104: Thinking About the Future

How do I make Precalculus relevant to my high school students?  We study the mathematics of finance!  In particular, we use the Present Value and Future Value formulas for situations that are meaningful to teenagers who are looking forward to becoming independent.  In comes the Partner Finance Activity.


Students are introduced to the scenario: You have just graduated from college and managed to land a job (hopefully using the degree you just earned.)  You are ready to buy your first dream house or condo.  I have the students use the randint( function on their Nspires to determine the range of house values they qualify for.  Then they define some terms such as FICO score, points, and ARM.  Then they use the internet to search for a home that fits their range.  20150212_12081820150212_120912

Once they have a house chosen, they determine the type of loan and calculate their monthly payment. 20150212_143819


Posted on February 12, 2015, in Uncategorized and tagged , , , , . Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: