MA.912.FL.3

Describe the advantages and disadvantages of short-term and long-term purchases.

MA.912.FL.3.1Compare simple, compound and continuously compounded interest over time.MA.912.FL.3.10Analyze credit scores qualitatively. Explain how short-term and long-term purchases, including deferred payments, may increase or decrease credit scores. Explain how credit scores influence buying power.MA.912.FL.3.11Given a real-world scenario, establish a plan to pay off debt.MA.912.FL.3.12Given fixed costs, per item costs and selling price, determine the break-even point for sales volume.MA.912.FL.3.2Solve real-world problems involving simple, compound and continuously compounded interest.MA.912.FL.3.3Solve real-world problems involving present value and future value of moneyMA.912.FL.3.4Explain the relationship between simple interest and linear growth. Explain the relationship between compound interest and exponential growth and the relationship between continuously compounded interest and exponential growth.MA.912.FL.3.5Compare the advantages and disadvantages of using cash versus personal financing options.MA.912.FL.3.6Calculate the finance charges and total amount due on a bill using various forms of credit using estimation, spreadsheets and other technology.MA.912.FL.3.7Compare the advantages and disadvantages of different types of student loans by manipulating a variety of variables and calculating the total cost using spreadsheets and other technology.MA.912.FL.3.8Calculate using spreadsheets and other technology the total cost of purchasing consumer durables over time given different monthly payments, down payments, financing options and fees.MA.912.FL.3.9Compare the advantages and disadvantages of different types of mortgage loans by manipulating a variety of variables and calculating fees and total cost using spreadsheets and other technology.
Goblins

1-on-1 AI tutoring aligned to MA.912.FL.3. Instant help for students, real-time insights for teachers.

Used in classrooms by 100,000+ students at Baltimore County, Plano ISD, Deer Valley USD, KIPP, and districts nationwide.

Free for teachers, forever →