Mathematics / Year 8 / Number and Algebra / Money and financial mathematics

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Curriculum content descriptions

Solve problems involving profit and loss, with and without digital technologies (ACMNA189)

Elaborations
  • expressing profit and loss as a percentage of cost or selling price, comparing the difference
  • investigating the methods used in retail stores to express discounts
General capabilities
  • Literacy Literacy
  • Numeracy Numeracy
  • Critical and creative thinking Critical and creative thinking
  • ICT capability Information and Communication Technology (ICT) capability
ScOT terms

Profit

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9 direct matches to ACMNA189

Interactive

MoneySmart: MilbaDjunga - how can I start my own business?

  • TLF-IDM021046

The MilbaDjunga secondary unit 'How can I start my own business?' is an interactive online unit developed to support teachers of Aboriginal and Torres Strait Islander students to teach consumer and financial literacy. It leads students through a step-by-step process to start a small business and is accompanied by teacher ...

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Downloadable

Different ways to pay

  • TLF-IDA002781

This lesson challenges students to explore the pros and cons of various payment options, how they spend their money, different consumer products and where to go for more information about saving money and debt. During the lesson, students investigate multiple payment options to choose those that suit their circumstances, ...

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Online

Shooting 3-pointers: Part 1

  • TLF-IDA003491

In this lesson students are guided through solving a problem using mathematical modelling. Students are guided through the process of formulating a problem that can be solved using a mathematical modelling approach. A professional sporting context allows students to engage in a common basketball scoring move: shooting ...

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Online

Shooting 3-pointers: Part 2

  • TLF-IDA003484

In this lesson, students conduct a statistical investigation, collecting and analysing data using percentages, and choosing efficient calculations and strategies. The investigation is communicated visually and verbally to the teacher and peers. Students reflect on feedback and consider revisions for the investigation.

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Downloadable

The wide wide world of sports betting

  • TLF-IDA003660

This lesson explores the difference between perfectly predictable events (like the roll of a die) and less certain events (such as sports). Students investigate mathematically how sports bookmakers create odds to guarantee themselves a profit and pay gamblers less for a win than they deserve. The lesson is outlined in ...

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Text

Percentages - Calculate

  • TLF-IDA004261

In this unit, let’s look at how percentages are used in everyday life to compare changes in things and measure rates of change.

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Text

Mrs Sim's Dollars and Sense - Calculate

  • TLF-IDA004333

This alternate assessment task focuses on calculating gross and net wages before and after tax; operating and solving problems using simple and compound interest; and making valid comparisons between total accumulated costs and the initial (principal) amounts of money borrowed or invested.

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Text

Financial Mathematics: Simple Interest - Calculate

  • TLF-IDA004262

This unit introduces the calculation of simple interest, as a starter for learning about compound interest. Students learn about a range of ways in which interest generally is used and applied in the real world and then use the formula for calculating simple interest to solve borrowing, saving and investment problems.

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Text

Mathematics, moon phases, and tides

  • TLF-IDA003762

Through this activity, students will learn the relationship between lunar phases and tides, graphically plotting the tidal range versus Moon phase over an annual cycle for a selected Australian port, as well as determining the mean tidal range for each lunar phase. Students will then focus on determining the relationship ...

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