Consumer Math

Consumer Mathematics is an elective course open to juniors and seniors only. It concentrates on practical applications of mathematics. Some of the topics included in the course are money management, budgeting, car purchases, house purchases, taxes, investments, and insurance. Students should have taken an Algebra course before this course; this should be the student’s last high school math experience.

LHS Google domain
Click here (or to the left on the chalkboard icon) to navigate to the LHS Google Classroom for Consumer Math. This is the principle spot for LHS CM online interaction.

The last day to retest or submit Q1 make-up work is one week before the end of the quarter: Thursday, October 12.

Projects & such

The following project assignments should be turned in during class on each indicated day:

Day
Assignment
 
#
8/26 Digital Passport complete all five tasks 1
9/9 Personal Spending Record for Money & Me 2a
9/19 Money & Me final report estimate and construct
a detailed monthly budget
2b
10/11 What's My Line? project calculate career-choice numbers 3

Late work will be penalized up to 5% for each scheduled day that it is overdue. The formula used is:

\[adjusted\;score = {0.95^{days\;late}} \times original\;score\]

Extra-credit opportunities may be announced in class from time-to-time. In many cases you will also find these posted online: for example, noted in the slides from that day's class. Look at each one and consider whether you want to give it a try. Every successful extra-credit submission will replace your lowest homework, classwork, or bellwork score; but it does not replace a missing or poor project assignment. (And extra-credit work has no effect on projects, or quiz scores.)

Make-Up Work

If you are absent for any reason, you should complete the make-up work assigned for the day you missed, from this list:

Day
Topic
§
Assignment(s)
#
8/21 Welcome to CM & Orientation all get textbook & initial paperwork
make folder-tag
1
8/22 Establishing Routines: Bellwork++
1-1
p5: 1-8
2
8/23 Where Does Your Money Go?
1-2
p7: 1-16, 1-3
3
8/24 Fixed and Variable Expenses,
Income+Expenses+Savings=
1-4
1-5
p10: 1-4; p11: 1-6
4
8/25 Low-Stakes Benchmark Assessment
all
{make L-SBA up, outside class}
5
8/28 Preparing/Analyzing Expenses
1-3
p9: 1-5; Who I Am
6
8/29 More About Budgets
1-6
p13: 1-18; p15: 1-3
7
8/30 Saving for a Big Expense
1-7
p15: 1-8; p16: 1-4, 1-8
8
8/31 Review and Problem Solving
1-8
p17: 1-3; p19: 1-8, 1-8
9
9/1 Chapter One Test
Ch 1
p18: 1-9; prep notes
10
  Labor Day (long weekend)   ¯\_(ツ)_/¯  
9/5 More Budget Detail
Changing a Budget
2-1
2-2
p23: 1-7; p25: 1-3
11
9/6 Rounding Money
2-3
rounding money worksheet
12
9/7 Planning Ahead and Planning for
Changes You Can't Predict
2-4
2-5
p29: 1-6; p31: 1-6, 1-10
13
9/8 Estimating & Rounding, Again
2-3
p27: 1-12, 1-4
14
9/11 Finding an Average, and more
2-7
p34: 1-6, 1-2
15
9/12 Planning for Emergencies
2-6
p33: 1-3, p35: 1-4
16
9/13 Budgeting “Extra” Money 2-8 p37: 1-6, 1-12
17
9/14 Review and Problem Solving
2-9
2-10
p38: 1-5; p39: 1-4; p42: 1-7
18
9/15 Chapter Two Test
Ch 2
p41: 1-5, 1-6
19
9/18 Weekly, Monthly, Yearly Earnings
3-1
3-2
p47: 1-7; p48: 1-8; p49: 9-14
20
9/19 Time Cards
3-3
timecard worksheet;
p51: 1-8
21
9/20 Overtime Review; Tips
3-4
3-5
p53: 1-5; p54: 1-5
22
9/21 Job-Related Expenses;
Finding the % of a Number
3-6
3-7
p55: 1-2; p57: 1-18, 1-3
23
9/22 All About Commission Earnings
3-8
3-9
p58: 1-6; p59: 1-7            (Q1)/2
24
9/25 Working for Commissions
3-10
commission worksheet
25
9/26 Problem Solving & Chapter Review
Ch 3
p60: 1-4, 1-8; p61: 1-5
26
9/27 More Problem Solving & Test Prep
Ch 3
p63: 1-7, 1-8; prepare notes
27
9/28 Chapter Three Test
Ch 3
p62: 1-10; review vocabulary
28
9/29 Deductions and Net Pay 4-1
4-2
p67:1-5; p69: 1-6
29
10/2 Gross Pay, Percents, Deductions
4-3
4-5
p71: 1-4, 1-8
p73: 1-18, 1-3
30
10/3 Taxable Income
Reading a Tax Table
4-6
4-7
p77: 1-9; p79: 1-6, 1-12
31
10/4 Refund or Balance Due
401(k) Retirement Plans
4-8
4-11
p81: 1-10; p87: 1-6
32
10/5 Calculation Practice + WML
Ch 4
%s & decimal calc worksheet
33
10/6 Problem Solving + WML Ch 4 does it pay to get educated ?
34
10/9

Problem Solving, and
Chapter Review

Ch 4
p88: 1-3, 1-6; p89: 1-4;
p91: 1-6
35
10/10 Chapter Four Test
Ch 4
p92: 1-7
36
10/11 Banking 101:
Which Bank is Best for You?
5-1
5-2
p97: 1-5; p99: 1-5
37
10/12 A "Best" Checking Account?
Automated Teller Machines (ATMs)
5-3
5-4
p101: 1-9; p103: 1-5, 1-6
38
10/16 Savings Accounts &
Certificates of Deposit
5-5
5-6
p105: 1-8; p107: 1-6, 1-12
39
10/17 Simple Interest Rate Problems
Ch 5
simple interest problem set
40
10/18 Compound Interest 101
Ch 5
compound interest first problems
41
10/19 Advanced Compound Interest
Ch 5
compound interest adv problems
42
10/20 The Rule of 72          {end Q1}
Ch 5
rule of 72 problem set
43
10/23 Ch5 ++ Test Prep, Part 1 Ch 5 p107: 1-6, 1-12; p111: 1-5, 1-8 44
10/24 Ch5 ++ Test Prep, Part 2 Ch 5 simple & compound problem set 45
10/25 Ch5 ++ Test Prep, Part 3 Ch 5 p108: 1-5; p109: 1-4 46
10/26 Ch5 ++ Test Prep, Part 4 Ch 5 more interesting prep problems 47
10/27 Ch 5 and Interest Test Ch 5 prepare for test — bring notes! 48
10/30 Opening a Bank Account 6-1
6-2
p114: 1-4; p115 49
10/31 Withdrawals & Checks 6-3
6-4
p117: 1-4, 1-8
p119: 1-5, 1-8
50
11/1 Keeping Track of Everything 6-5
6-6
p121: 1-6; p123: 1-5 51
11/2 Reconciling Your Bank Account 6-7
6-8
p125: 1-3; p127: 1-3
p128: 1-4; p129: 1-5
52
11/3 Problem-Solving Test Prep 6-9 p131: 1-5; p132: 1-6 53
11/6 Chapter Six Test Ch 6 p130: 1-6; p131: 1-8 54
11/7 Election Day ^_^ (no school) ~
11/8 Introduction to Credit Cards
7-1
7-2
p136: 1-3, p137: 1-7 55
11/9 Protecting Your Credit Card
Buying on Credit
7-3
7-4
p139:1-4; p141: 1-8 56
11/10 Reading a Monthly Statement
7-5
p142: 1-10; ccard worksheet 1 57
11/13 Returning a CCard Purchase
7-6
p145: 1-9; ccard worksheet 2 58
11/14 Adding Up CCard Payments Ch 7 ccard costs worksheet (3) 59
11/15 When to Say "Enough!"
7-7
7-8
p147: 1-6 (top); p149: 1-10 60
11/16 Problem Solving & Test Prep
Ch 7
p150: 1-3, 1-3; p151: 1-4
p153: 1-6
61
11/17 Chapter Seven Exam
Ch 7
p152: all problems
p153: 1-9
62
11/20 Other Types of Loans 8-1 p157: 1-7 63
11/21 Mashed Potato Computations+
~
not enough potatos, go figure 64
     

Make-up work for a day’s absence is due the day following your return to class. If you complete it and turn it in on the first day you return to class, you will receive a 5% scoring bonus. Like other work, it will be penalized up to 5% for each scheduled day that it is overdue; computed using the formula above.