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Algebra Principles in the Business World

Simple and Compound Interest Unit

Unit Schedule

The unit schedule appears in the table below. Wheat Ridge High School will begin using a modified block (3 days traditional, 2 days block) schedule in the 2002-2003 school year. The proposed unit plan reflects this. On traditional day (M, Tu, and F) all classes meet for 50 minutes each. On block days (W and Th) periods 1-4 or period 5-7 meet for 90 minutes each.

Simple and Compound Interest Unit Schedule:
Click on any day to see a lesson plan and supplemental materials.

Monday
Tuesday
Block (Wed / Thurs)
Friday
     

Day One
Bank Research Activity

  • Class discussion about banking
  • Research two banks on the Internet

Day Two
Linear vs. Exponential Activity

  • Penny Experiment

Day Three
Simple Interest

  • Finding a car
  • Investigating Simple Interest Activity

Day Four
Compound Interest

  • DOUBLE YOUR MONEY activity
  • Investigating Compound Interest Activity

Day Five
Computer Modeling

  • Introduction to computer modeling and STELLA

Day Six
Flowcharts:

  • Create simple and compound interest flowcharts
  • Write mathematical equations for the flowchart

Day Seven
Simple Interest STELLA model

  • Build simple interest model on STELLA

Day Eight
Compound Interest STELLA model and Budget model

  • Build compound interest model on STELLA
  • Build Budget model

Day Nine
Bank Research Project

  • Research two banks
  • Finish the savings account spreadsheet

Day Ten
Bank Research Project

  • Begin preparing PowerPoint Presentation



 

Day Eleven
Bank Research Project

  • Finish PowerPoint presentation
  • Prepare oral report

Day Twelve
Bank Research Project Presentations

  • Groups present

Day Thirteen
Bank Research Project Presentations

  • Finish presentations

Simple and Compound Interest

Unit Feedback

Wheat Ridge High School

9505 West 32nd Avenue

Wheat Ridge, Colorado 80033

Phone: 303-982-7695

Fax: 303-982-7696

Home page: http://holland.wrhsonline.org/

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