ZOOM…ZOOM…ZOOM...

or “Pick your dream car and how to pay for it”

Unit Title:

ZOOM…ZOOM…ZOOM or “Pick your dream car and how to pay for it”

Unit Annotation:

A six day unit designed for a 6th grade Pre-Algebra class.  Students research internet automobile sites to create their “dream car” by selecting a car model with various options.  After totaling costs, students investigate different payment schedules using a spreadsheet and internet websites.  Students compare and contrast different payments for 24, 36, 48, and 60 months at two different interest rates. Lastly, students analyze this information against leasing options before deciding whether it is better to lease or buy their dream car.

Primary Learning Outcome:

Use problem solving strategies or reasoning skills to investigate, calculate, and analyze, data for the purpose of making an informed decision.

Students use problem-solving strategies

Students use technology, calculator, and computer skills

Assessed QCC:

1, 2, 3, 47

Total Duration:

One 50 minute class

Technology Connection:

• Power Point presentations as introduction and as a choice for student final project

• Internet research

• Internet interest rate and lease calculators

• Graphing Calculator graph

Procedures:

See Day 1-6 lesson plans

Materials and Equipment:

See Day 1-6 lesson plans

Lesson Materials to be Attached:

Power Point presentation as unit introduction

http://www.edmunds.com/

http://www.cybersteering.com/cbmain/finance/intrate.html

http://www.bankrate.com/brm/rate/auto_home.asp

http://www.honda.com/customize.html

http://ovc.saturn.com/servlet/com.saturn.build.step6

Assessment:

Final project assessment: student choice of portfolio or Power Point presentation

Daily assessments include:

1)  choice of car and list of options with total costs calculated

2)  list of websites investigated

4)  Lease vs. Buy decision worksheet

5)  Essay