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# Decimal Project- Saving \$, Balancing Money- Real life word problems!

Subjects
5th, 6th, 7th, 8th
Resource Types
Product Rating
3.9
File Type
Word Document File
0.76 MB   |   22 pages

### PRODUCT DESCRIPTION

*Can be used as an assessment after teaching + - x / decimals. Great for use before or after winter break as an easy math refresher! Can easily be used anytime of the year, year after year!*

GROUPING:
This project would be best done individually as an assessment, but can easily be done with partners.

TIME:
2 to 4 days "in class" project (based on 50 minute class periods).

PRIOR KNOWLEDGE:
Subtracting decimals
Multiplying decimals
Dividing decimals
*Mini lessons during or prior regarding credit/debit/savings accounts would be incorporated well with this project.

STUDENT RESPONSIBILITIES:
Part 1: (pages 3-9)
-Students set a goal to "buy" something
-Students are given 12 different saving/spending money real life scenarios/problems to add, subtract, multiply and divide decimals
Part 2: (pages 10-12)
-Once completing part 1, students use the answers from part 1 to create a "tracking sheet" to balance their savings account.
-Students have checkpoints to monitor their work as they go.
Part 3: (page 13)
-Students use their creative side to design their own credit card, which should include all the components of a credit card.

TEACHER RESPONSIBILITIES:
Part 1:
-This is set up in a way that the teacher checks for understanding based on completion. Each problem has a rubric for grading (Total Understanding is 3 points, Partial Understanding 2 pts, Little to no understanding is 1 pt). This allows the teacher the ability to work with students that truly need the extra help. For example, I have my students come to my desk for every 2-3 problems they complete. If they got the correct answer with the correct answer along with the correct work (which can be shown in multiple ways some times), I circle 3 points and check mark verifying the problem is complete. If they need a hint/made a
"silly mistake" I slash out the 3 points and guide them, if they come back correct, they get 2 points. If I am needing to really guide and help the students, they get 1 point.
Part 2:
Check student's "checkpoints" to make sure the balance is accurate before they continue. This will allow for them to continue accurately with balancing their account.
Part 3:
Encourage them to not have boring all blue/gray card! Tell them to be creative!

DIFFERENTIATION IDEAS:
-Have more advanced students show the multiple ways to solve each problem / no use of calculator / create extension activity of having students create their own scenarios to continue "saving money" / Create a list of questions to make students think more about different things they could have done to save more money, etc.
-For lower level students, accept multiplication problems as repetitive addition / use of calculator / provide a key of answers for the 12 problems, etc.

I would love to hear different ways you differentiate this project/lesson in your classroom as well!
Total Pages
22
Included
Teaching Duration
3 Days

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