PF.4.QL

PF.4.QL

PF.4.QL.1Represent and analyze mathematical models for various types of income (e.g., commission, salary, hourly wage, overtime)PF.4.QL.2Represent and analyze various types of income deductions (e.g., federal and state income taxes, Social Security, Medicare taxes, pre-tax deductions) and employment forms (W-2, W-4, I-9)PF.4.QL.3Analyze expenses to create a household budget utilizing food, shelter, transportation, utilities, insurance, savings, and other expenses (charitable giving)PF.4.QL.4Analyze various investment instruments for: purposes; advantages; disadvantages; risks (e.g., savings, checking accounts, certificates of deposit, stocks, social security, individual retirement accounts, bonds, annuities)PF.4.QL.5Analyze the characteristics of various types of loans (e.g., credit cards, personal loans, student loans, auto financing, mortgages)PF.4.QL.6Apply appropriate models to determine the impact of the relationship among loan rates, the term of a loan, the principle amount of a loan, and payments (e.g., amortization table, spreadsheet, compound interest, annual interest rates, continuous rates)PF.4.QL.7Examine consumer protection, bankruptcy, and debt and credit management services for ways in which they affect household budgeting
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