few_shots: 
Example:
Concept/skill: 
Solve word problems involving dollar bills, quarters, dimes, nickels, and pennies, using $ and ¬¢ symbols appropriately. Example: If you have 2 dimes and 3 pennies, how many cents do you have?

Problem/activity:
Stage 1: Money
 Required Preparation
 Materials to Copy
 Blackline Masters
 Would You Rather Stage 1 Spinner
 Would You Rather Stage 1 Recording Sheet
 
 Narrative
 The first partner spins to get a group of coins. They write a question that compares the amount they spun to a different group of coins that they make up.

Answer: 
Yes. In this activity, students write word problems that compare coin amounts.

Now, determine whether the following problem or activity can enable students to understand the concepts or skills in the provided description.

shot_info: im_center_000269_pos_0

2
standard_description: Represent addition and subtraction with objects, fingers, mental images, drawings (Drawings need not show details, but should show the mathematics in the problem. (This applies wherever drawings are mentioned in the Standards.)), sounds (e.g., claps), acting out situations, verbal explanations, expressions, or equations.
problem_activity: Task
Most savings accounts advertise an annual interest rate, but they actually compound that interest at regular intervals during the year. That means that, if you own an account, you’ll be paid a portion of the interest before the year is up, and, if you keep that payment in the account, you’ll start earning interest on the interest you’ve already earned.
For example, suppose you put \$500 in a savings account that advertises 5% annual interest. If that interest is paid once per year, then your balance $B$ after $t$ years could be computed using the equation $B = 500(1.05)^t$, since you’ll end each year with 100% + 5% of the amount you began the year with.
On the other hand, if that same interest rate is compounded monthly, then you would compute your balance after $t$ years using the equation $$B=500\left(1+\frac{.05}{12}\right)^{12t}$$
Why does it make sense that the equation includes the term $\frac{.05}{12}$? That is, why are we dividing .05 by 12?
How does this equation reflect the fact that you opened the account with \$500?
What do the numbers 1 and $\frac{.05}{12}$ represent in the expression $\left(1+\frac{.05}{12}\right)$?
What does the “$12t$” in the equation represent?


aligns: no