Course title

1MA04S1/1MA04S2

Pre-requisite

N/A

Course description

The Personal Finance class is a half-semester class that is developed to fulfill the Arizona state requirements for a fourth math class. There will be a demonstration of the relationship between simple interest and linear growth and compound interest and exponential growth. There will also be a determination of the total cost of purchasing consumer durables over time given different down payments; financing options; and fees. Students will also learn how to apply a variety of strategies to use tax tables and determine; calculate; and complete yearly federal income tax; while developing a personal budget including debit; checking; and savings account by interpreting multiple personal budget examples. Students will also learn how to determine an effective retirement savings plan to meet personal financial goals including IRAs; ROTH accounts; and annuities as well as comparing and contrasting the role of insurance as a device to mitigate risk and calculate expenses of various options. Lastly; students will use mathematical models to represent and analyze personal and professional situation while differentiating; interpreting; applying; and developing concepts in the context of personal and professional situations.

The Statistics and Discrete Math class fulfills the second semester of the Personal Finance course which fulfills the Arizona state requirements for a fourth math class. Students in the course will solve problems by estimating and computing with one-variable and two-variable data. Students will also learn to compute and explain summary statistics for distributions of data including measures of center and spread; including variance and standard deviation. Students will explain how sampling methods; bias; and the phrasing of questions asked during data collections impact the conclusions that can be drawn while identifying misleading uses of data and explain why they are misleading. Lastly; students will learn to explain the differences between randomized experiments and observational studies and determine the appropriateness of using each in given situations while determining when arguments based on data mistake correlation for causation.

School country

United States

School state

Arizona

School city

Nogales

High school

Nogales High School

School / district Address

1905 N. Apache Blvd.

School zip code

85621

Requested competency code

Math

Date submitted

Approved

Yes

Approved competency code

  • MTHA
  • 4 years of Math

Approved date

Online / Virtual

No