Unit 1

Unit Overview

In Unit One, students learn the importance of saving and investing for both short-term and long-term goals. Choosing a bank that offers the highest interest rates and the lowest fees are investigated. Students learn how to use a check register and how to reconcile a checking account. Both electronic registers and registers completed by hand are available for students to practice with. The Federal Reserve and the Federal Deposit Insurance Corporation are studied as to their affect on both the nation’s economy and the individual’s savings plans. The power of compound interest is explored using formulas, graphing, spreadsheets and calculators. The connection between compound interest and exponential functions are studied. Students also learn about certificates of deposit, bonds, annuities and stocks. Social Security is studied as a possible retirement option. For all of these topics, the mathematics is emphasized in real-world contexts.

Instructional Flow

Instructional Flow (PDF)
Description of the typical order of textbook sections and topics taught in the unit.

Expectations, Essential Questions, Enduring Understandings and Vocabulary

Unit 1 Standards for Quantitative Literacy(PDF)
Explanation of what your child should understand by the end of each unit (expectations) and what that understanding looks like (examples).

Web Resources

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