Advanced Algebra with Financial Applications
Pre-Requisites: Algebra II recommended
Credits: 1.0
Estimated Completion Time: 2 segments/32-36 weeks
Description
This course walks students through the information needed to make the best decisions with money. Advanced Algebra with Financial Applications is an advanced course incorporating real-world applications, collaboration, and calculations using technology. Students learn the formulas used to determine account balances, monthly payments, total costs, and more. They examine budgeting, spending, saving, investment, and retirement. Students explore mortgages and other debt structures and how to make good decisions about borrowing money. This knowledge will propel students into the future with a good foundation on how to handle finances.
Major Topics and Concepts
Segment I
Savings
- Linear Growth
- Exponential Growth
- Compound Interest
- Growth and Decay
Spending
- Data Representations
- Linear Representations
- Income Tax
- Deferment
- Purchasing Costs
Debt
- APR
- Finance Charges
- Cash or Credit
- Credit Scores and Reports
- Cash Management
- Budgeting
- Pay It Off
Segment II
Mortgage
- Fixed Rate
- Adjustable Rate
- Balloon
- Comparing Options
- Points
- Additional Fees
- Total Cost
Investments
- Pre-Writing
- Future Value
- Present Value
- Purchasing Stocks
- Stocks and Bonds
- Portfolios
Retirement
- Financial Goals
- Plans
- Insurance
- Net Worth
Grading Policy
To measure learning, students complete self-checks, practice lessons, multiple choice questions, projects, discussion-based assessments, and discussions.
