This activity assesses student knowledge and understanding of personal finance. Additionally, this lesson has students analyze and apply the knowledge acquired. This assessment includes 8 brief responses/questions and 2 fill-in-the-blank questions.
Before the Activity
See the attached Activity PDF file for detailed instructions for this activity.
Print the appropriate pages from the Activity for your class.
Install the LearningCheck™ App on the students' graphing calculators following the attached instructions.
Using Student Data Sheets: Background Information, Vocabulary, and the activity sheets, conduct a class review. Remind students that they may use their
worksheets and vocabulary notes on the assessment.
During the Activity
Distribute the appropriate pages from the Activity to your class
Distribute the LearningCheck™ file(s) to your class using TI Connect™ and the appropriate TI Connectivity cable
Follow the procedures outlined in the Activity
Determine monthly gross and net income from various jobs.
Calculate the cost of a home at various mortgage rates.
Calculate the cost of car payments over various time periods.
Create a personal budget after evaluating data.
Validate comprehension of personal finance and budgets.
After the Activity
Have students submit their assessments. Review answers if desired.