Consumer Math 4.1-4.3
Presentation
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Mathematics
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9th - 12th Grade
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Easy
+2
Standards-aligned
Shannon Saumweber
Used 11+ times
FREE Resource
9 Slides • 9 Questions
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Multiple Choice
Today's Warm-up:
Which of the following should be your top priority?
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Open Ended
Let's Practice!
You want to buy a house 8 years from now for $178,700.00 and your goal is to make a down payment of 20%.
How much do you need to save for your down payment?
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Open Ended
Closing costs are additional monies when you buy a house that cover transfer titles, fees, and various taxes.
If closing costs are 7.5% of the purchase price, how much are your closing costs?
(Recall: The cost of the home is $178,700.00)
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Open Ended
How much in total do you need to save each month to reach your goal if you cover closing costs and the down payment?
(Recall: You want to buy the house 8 years from now)
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Open Ended
You plan to go to a community college for 2 years at a cost of $7,958.00/yr for your associate's degree, and then go to a university for 2 more years to earn your bachelor5's degree at $10,135.00/yr.
How much is your total higher education bill when you earn your bachelor's degree?
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Open Ended
If your parents saved since you were 5 and you graduate when you are 17, how much did they need to save each year to pay the total higher education bill? (Do not include any interest that may have accrued)
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Open Ended
If your parents had started saving when you were born, what is the difference in the yearly savings goal compared to the previous problem?
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Open Ended
Please type your answers to the three groupwork problems below:
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Multiple Choice
Exit Poll Question:
A ____ is when you write a check for a large amount due all at one time.
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