It is expected that students will solve consumer problems, using arithmetic operations. An understanding of procedures and applications of mathematics can help students make rational economic decisions.
Tables enable organized data to be recognized and facilitate calculations.
Explain various deductions from earnings, then have students determine the effects of these deductions on pay. Students who have jobs could use their pay slips as examples. Have students use tables, calculators, and computer spreadsheets to compare the effects of various rates of compounding interest on personal investments and loans. Have students prepare questions that focus on the underlying mathematics involved. As they check their solutions and justify their mathematical thinking, look for evidence of developing abilities to communicate mathematically.