MA.912.FL.1 Determine simple and compound interest and demonstrate its relationship to functions. Calculate and use net present and net future values.
MA.912.FL.1.1 Compare simple, compound and continuously compounded interest over time.
MA.912.FL.1.5 Determine the consumer price index (CPI) for goods. Interpret its value in terms of the context.
MA.912.FL.1.6 Solve problems involving potential profit and actual cost.
MA.912.FL.2 Describe the advantages and disadvantages of short-term and long-term purchases.
MA.912.FL.2.1 Compare the advantages and disadvantages of using cash versus personal financing options or other forms of electronic payment.
MA.912.FL.2.2 Calculate the finance charges and total amount due on a bill using various forms of credit.
MA.912.FL.2.3 Manipulate a variety of variables to compare the advantages and disadvantages of deferred payments.
MA.912.FL.2.4 Calculate the total cost of purchasing consumer durables over time given different monthly payments, down payments, financing options and fees.
MA.912.FL.2.5 Calculate the fees associated with a mortgage.
MA.912.FL.2.6 Substitute values to evaluate a variety of mortgage formulas.
MA.912.FL.2.7 Solve problems involving student, personal and car loans, including finding the total amount to be paid, adjustable rates and refinancing options.
MA.912.FL.2.8 Calculate the final payout amount for a balloon mortgage.
MA.912.FL.2.9 Compare the cost of paying a higher interest rate and fewer mortgage points versus a lower interest rate and more mortgage points.
MA.912.FL.2.10 Calculate the total amount paid for the life of a loan including the down payment, fees and interest.
MA.912.FL.2.11 Calculate and compare, in terms of functions, the total cost for a set purchase price using a fixed rate, adjustable rate and a balloon mortgage.
MA.912.FL.2.12 Compare interest rate calculations and annual percentage rate calculations, and distinguish between the two rates.
MA.912.FL.3 Develop personal financial skills and describe the advantages and disadvantages of financial and investment plans.
MA.912.FL.3.1 Develop personal budgets that fit within various income brackets.
MA.912.FL.3.2 Calculate the break-even point to determine the viability of purchasing options for housing, car and other durable goods.
MA.912.FL.3.3 Explain cash management strategies including checking and savings accounts.
MA.912.FL.3.4 Given assets and liabilities, calculate net worth.
MA.912.FL.3.5 Given a scenario, establish a plan to pay off debt.
MA.912.FL.3.6 Given a scenario, complete and calculate federal income tax, analyzing different options such as standard deductions versus itemized deductions and taxes owed based on income brackets from the tax table.
MA.912.FL.3.7 Calculate and compare various options and fees for medical, car, homeowners and life insurance.
MA.912.FL.3.8 Collect, organize and interpret data to determine an effective retirement savings plan to meet personal financial goals.
MA.912.FL.3.9 Solve problems involving different types of retirement plans, including traditional IRA, Roth,IRA, 401K, 403B and annuities.
MA.912.FL.3.10 Compare different ways that portfolios can be diversified in both investments and investment vehicles.
MA.912.FL.3.11 Purchase stock with a set amount of money, and evaluate its worth over time considering gains, losses and selling, taking into account any associated fees.
MA.912.FL.3.12 Compare income from purchase of common stock, preferred stock and bonds.
MA.912.FL.3.13 Given current exchange rates, convert between currencies.
MA.912.FL.3.14 Apply data to compare historical rates of return on investments with investment claims to make informed decisions and identify potential fraud.
GR Geometric Reasoning
MA.912.GR.2 Apply properties of transformations to describe congruence or similarity.
MA.912.GR.2.6 Justify the criteria for triangle congruence using the definition of congruence in terms of rigid transformations.
MA.912.GR.2.8 Justify the criteria for triangle similarity using the definition of similarity in terms of non-rigid transformations.
MA.912.GR.5 Make formal geometric constructions with a variety of tools and methods.
MA.912.GR.5.3 Construct the inscribed and circumscribed circles of a triangle.
MA.912.T.3 Graph and apply trigonometric relations and functions.
MA.912.T.3.1 Describe and demonstrate the connections between right triangle ratios and trigonometric functions.
MA.912.T.3.2 On the coordinate plane, express the values of sine, cosine and tangent for π – x, π + x and 2π – x in terms of their values for x, where x is any real number.
MA.912.T.3.3 Given a mathematical or real-world context, choose sine, cosine or tangent trigonometric functions to model periodic phenomena with specified amplitude, frequency, horizontal shift and midline.
MA.912.DP.6 Use probability distributions to solve problems.
MA.912.DP.6.1 Define a random variable for a quantity of interest by assigning a numerical value to each event in a sample space; graph the corresponding probability distribution using the same graphical displays as for data distributions.
MA.912.DP.6.3 Develop a probability distribution for a discrete random variable using empirically assigned probabilities. Find the expected value and interpret it as the mean of the discrete distribution.
MA.912.DP.6.4 Weigh the possible outcomes of a decision by assigning probabilities to payoff values and finding expected values. Evaluate and compare strategies on the basis of the calculated expected values.