       INVESTMENT OPTIONS LESSON PLAN SKILLS TECHNIQUE PROGRAM GROUP FINANCE COURSE STRATEGY PROCESS WORKSHEET BASIC TEACHING LEARNING SAMPLE EXAMPLE HELP STUDENTS PRACTICE TEACHER CLASS MATERIAL EXERCISE FREE ONLINE ACTIVITY  Students learn personal investing skills. # Where should you Invest your Money?

Learn how much to invest in different options.

Objectives:

• The student will be able to use the simple interest formula I = prt to calculate Total Interest.
• The student will be able to use algebra and let X represent an amount of money.
• The student will be able to construct an i = prt table that will contain given information and variable representations.
• The student will be able to determine the amount of principal invested in two options given the total principal, interest rates, time, and desired Total Interest amount.

Standards:  NCTM Standards:  1, 2, 6, 7, 8, 9, 10            WHERE TO INVEST MONEY LESSON PLAN

Teaching Materials:

Procedure:

1.  Warm-up:  Review converting decimals to percent.  (The student will need to convert decimals to percent in investment calculations.)

2.  Motivate the Lesson:  Ask students if they have ever invested money.  Have their parents invested money?  What types of investment options are available (savings accounts, loans, CD, stocks, etc.)

Ask the students how they can calculate the amount of money they can earn from an investment.  Introduce the simple interest formula I = prt.  Demonstrate how to use the simple interest formula for ONE investment.

An example would be:  Find the simple interest earned when you invest \$10,000 at 5% for 1 year.
i = prt
i = (10,000)(0.05)(1)
i = \$500

Ask the students how they can use this formula with TWO investment options.

3.  Proceed with the “Question of the Day”.  Explain that you are going to solve real world money problems.

4.  Verify that the students understand how to define the variable X and construct the i=prt tables by having them try the second sample on their own.

5.  Have the students complete the “Investment Options Worksheet” for homework. Print out the teaching lesson pages and exercise worksheets for use with this lesson:

 INVESTMENT OPTIONS LESSON Printable lesson worksheet and questions. Back to more Investing Lessons and Worksheets         To teach and learn money skills, personal finance, money management, business, careers, and life skills please go to the Money Instructor home page.  Investing Money Lesson Plan Seminar Business Math Financial Skills - Rules guide lesson - High School Student Secondary Education Adults Special Education Teens Teenagers Free Instruct Theme Unit Middle School Young Adults Classroom Review - 8th 9th 10th 11th 12th Grade Education  © 2002-2007 Money Instructor 