Description
Topic E is a culminating series of lessons driven by MP.4, Modeling with Mathematics. Students apply what they have learned about mathematical models and exponential growth to financial literacy while developing and practicing the formula for the sum of a finite geometric series (A-SSE.4). Throughout this set of lessons, students study the mathematics behind car loans, credit card payments, savings plans and mortgages, developing the needed formulas from summing a finite geometric series in each case. Key features of tables and graphs are used to answer questions about finances (F-IF.7e).
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Credits
From EngageNY.org of the New York State Education Department. Algebra II Module 3, Topic E, Overview.
Available from engageny.org/resource/algebra-ii-module-3-topic-e-overview; accessed 2015-05-29.
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