Part I and II are due tomorrow!
Part III will be worked on in class.
Wednesday, December 3, 2008
Monday, December 1, 2008
Holiday Madne$$ project
PART 1 is due on Wednesday. Parts 2 and 3 will be worked on in class. The entire project is due on Thursday! Please bring magazines, catalogs, and print advertisements on Wednesday.
December 1, 2008
HOLIDAY MADNE$$
Proportions, Percents and Credit Cards
The 3 Parts of this project will be due on Thursday, December 4, 2008.
PART 1: Credit Card
Create a credit card that is proportional to a real credit card. Measure the width and length of a card and apply a scale factor to figure out a new size. It should be carefully and colorfully designed.
PART 2: Making Purchases
Look through magazines, catalogues, and on-line shopping sits to find stuff you would like to have. “Spend” up to $10,000 on your new credit card.
To make a purchase, simply cut the item out and record the item and its price on the tally sheet on the back of your envelope. Put the item in the envelope.
Example:
Item Price Price + Tax (8%)
Diamond tiara $1,049.00 $1,132.92
Snickers Bar $0.65 $0.65
Williams Sonoma Toaster $42.00 $45.36
PART 3: The Bottom Line
Imagine that you have a $3,000 credit card bill and that you are charged 1.5% interest each month on the unpaid balance. Consider how your debt would change if you paid $50 each month.
Your debt:
Month 1 Month 1
Initial debt $3,000
1st payment - $50
$2,950
Month 2 Month 2
$2,950.00
+1.5% + $44.25
$2,994.25
2nd payment - $50.00
$2,944.25
Month 3 Month 3
+1.5%
3rd payment
Month 4 Month 4
+1.5%
4th payment
December 1, 2008
HOLIDAY MADNE$$
Proportions, Percents and Credit Cards
The 3 Parts of this project will be due on Thursday, December 4, 2008.
PART 1: Credit Card
Create a credit card that is proportional to a real credit card. Measure the width and length of a card and apply a scale factor to figure out a new size. It should be carefully and colorfully designed.
PART 2: Making Purchases
Look through magazines, catalogues, and on-line shopping sits to find stuff you would like to have. “Spend” up to $10,000 on your new credit card.
To make a purchase, simply cut the item out and record the item and its price on the tally sheet on the back of your envelope. Put the item in the envelope.
Example:
Item Price Price + Tax (8%)
Diamond tiara $1,049.00 $1,132.92
Snickers Bar $0.65 $0.65
Williams Sonoma Toaster $42.00 $45.36
PART 3: The Bottom Line
Imagine that you have a $3,000 credit card bill and that you are charged 1.5% interest each month on the unpaid balance. Consider how your debt would change if you paid $50 each month.
Your debt:
Month 1 Month 1
Initial debt $3,000
1st payment - $50
$2,950
Month 2 Month 2
$2,950.00
+1.5% + $44.25
$2,994.25
2nd payment - $50.00
$2,944.25
Month 3 Month 3
+1.5%
3rd payment
Month 4 Month 4
+1.5%
4th payment
December 1st POW
POW - Due December 7th - Email your work and answer to me at Skanchwala@bmsonline.org
Option 1:
On Black Friday, Denise woke up at 3am to make sure she was able to get to the store for the “early bird” special – 60% off all clothing in the store! If Denise paid $50.64 for a dress after 5.5% sales tax, what was the original price of the dress?
Option 2:
Sally has a coupon that she can use in addition to the sales at a particular store. Excited to stock up, she immediately finds two sweaters that are each 30% off and decides to use her “buy one get one half off” coupon to save even more. If the two sweaters were originally the same price, what single percent discount would have resulted in the same savings as Sally’s combined discount?
Option 3:
On Cyber Monday, Bill is able to get 20% off of TVs at his favorite online store. If one TV was originally $699.99 and the other was 749.99, what is the positive difference between the two prices after the discount is applied?
Option 1:
On Black Friday, Denise woke up at 3am to make sure she was able to get to the store for the “early bird” special – 60% off all clothing in the store! If Denise paid $50.64 for a dress after 5.5% sales tax, what was the original price of the dress?
Option 2:
Sally has a coupon that she can use in addition to the sales at a particular store. Excited to stock up, she immediately finds two sweaters that are each 30% off and decides to use her “buy one get one half off” coupon to save even more. If the two sweaters were originally the same price, what single percent discount would have resulted in the same savings as Sally’s combined discount?
Option 3:
On Cyber Monday, Bill is able to get 20% off of TVs at his favorite online store. If one TV was originally $699.99 and the other was 749.99, what is the positive difference between the two prices after the discount is applied?
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