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Unit Details

​​​​​​​​​​​​​​​​​​​​​​​​Instructions: Rockwood unit details share the timeline, the enduring understanding and the essential questions for each unit.  Click on the standard title to be directed to the information on related standards for the unit.​

 Unit Details

Unit Title
Finance
Unit Number
3
Course
Finite Math
Content Area
Math
Description
The student will apply the principles of finance in real-world problems.

Timeline
3 Week(s)
Enduring Understandings
The world of finance is constructed around mathematical concepts and related formulas.

Essential Questions
What elements of real world financial applications determine the mathematical computation to be utilized?
How can these mathematical computations be interpreted to make informed decisions?


Additional Unit Resources

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Standard
Standard Component
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Standard
Standard Component
  
Understand the interrelationship between time, principal, rate and compounding periods.
ECO
  
Understand how to apply the 4 principles (time, principal, rate and compounding periods) of finance to improve personal financial decisions.