|Topic||Car Loan Exploration – Deals on Wheels Simulation|
This lesson could be adapted for a Life Skills class.
|Overview: Students use a computer simulation to explore the dynamics involved in having a loan to purchase a car. They consider how various elements such as interest rate, loan length, salary, and the price of a car affect their financial situation over time.|
Habits of a systems thinker:
|Standards||Reads and interprets data in charts, tables, plots (e.g., stem-and-leaf, box-and-whiskers, scatter), and graphs (e.g., bar, circle, line)|
|Generalizes from a pattern of observations made in particular cases, makes conjectures, and provides supporting arguments for these conjectures (i.e., uses inductive reasoning)|
|Uses proportional reasoning to solve mathematical and real-world problems (e.g., involving equivalent fractions, equal ratios, constant rate of change, proportions, percents)|
Implemented by: Glenda DeMoss, Phoebe Goodwin, Anne LaVigne, Mary C. Miller
Submitted by: Anne LaVigne
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