Financial literacy is increasingly important today! Build students’ comprehension when navigating financial application problems with the rich variety of questions provided in this task. If you’ve never tried one of my collaborative colouring mosaics before, let me assure you they motivate even ‘those reluctant students’ to complete their work!
Harness the power of collaborative motivation while you maintain individual accountability! Every single worksheet is different, so you can confidently enjoy the rich mathematical student-to-student dialog as students help and teach each other to achieve their collaborative goal. The finished mosaic will look spectacular hanging in your classroom, and your students will be proud!
This product comes with two versions:
•Just Simple and Compound Interest (no annuity problems) where students solve for the principal, the amount, the interest rate, or the number of periods (through an appropriate method)
•Simple and Compound Interest, and Annuities, which additionally includes problems solving for the present value, future value, payment, interest rate per compound, or total interest earned or paid.
**Update** a bonus 8-sheet mosaic of the Annuities version is now included! **
You could use sheets from both versions combined to complete the mosaic, if you wanted to spread it out over different units, classes, or ability levels. CHECK OUT THE PRODUCT PREVIEW to see the exact type of problems included in each version.
Every students’ worksheet includes a set of applicable formulas. You could use a TVM solver as well. (TI-84, or just Google one.. the ‘zenwealth’ one is good.)
INCLUDED: (zip folder)
•.pdf and .docx version of everything
•Full class sets of 30 worksheets (in two versions: with or without annuities), and an 8 worksheet version (with annuities), which combine to make the Veggie Tales mosaic.
•Complete answer keys for every worksheet! Also, a handy colour-range answer key
•Teaching Tips page, to help you implement the task smoothly
•Completed Mosaic / visual answer key with coordinates to help you assemble the completed worksheets into the large mosaic.
•Problem Order list, so you know what type of question students are working on / struggling with.
If you like this product, be sure the check out the whole Collaborative Math Mosaic directory
, sorted by topic!
All my "Colouring by..." math mosaics use the standard colours found in a Crayola 24 pack of coloured pencils. For best results, use the exact colour name match, and use a consistent colouring medium (pencil crayon, crayon, etc.). Maybe a class set of pencil crayons would be a fun department purchase? :)
I'd love to hear from you! Leave some feedback through TpT about how this went in your classroom, or email me at firstname.lastname@example.org.
Common Core State Standards:
•7.RP.A.3 (although compound interest goes beyond this)
•HSA.SSE.A.1.b (Interpret complicated expressions by viewing one or more of their parts as a single entity. For example, interpret P(1+r)^n as the product of P and a factor not depending on P)
•HSA.SSE.B.4 (Derive the formula for the sum of a finite geometric series (when the common ratio is not 1), and use the formula to solve problems. For example, calculate mortgage payments.)
•High School Modeling (Modeling links classroom mathematics and statistics to everyday life, work, and decision-making…. Modeling savings account balance,…or investment growth.)
•HSF-LE.A.1 (Distinguish between situations that can be modeled with linear functions and with exponential functions)
•HSF-LE.B.5 (Interpret the parameters in a linear or exponential function in terms of a context)
Ontario Curriculum: MCR3U, Strand C - Discrete Functions
Overall Expectation 3:
•Make connections between sequences, series, and financial applications, and solve problems involving compound interest and ordinary annuities.
•3.3 solve problems, using a scientific calculator, that involve the calculation of the amount, A, the principal, P, or the interest rate per compounding period, i, using the compound interest formula in the form A = P(1 + i)^n
•3.4 determine, through investigation using technology, the number of compounding periods, n, using the compound interest formula in the form A = P(1 + i)^n; describe strategies for calculating this number; and solve related problems
•3.7 solve problems, using technology, that involve the amount, the present value, and the regular payment of an ordinary simple annuity