Week 1 1 Term 2012

Learning Brief

MG3 Cars, Chance, Moving Out & Finance

Goals

During this week you will begin to understand the various costs and risks associated with buying a car. This will include calculating simple interest and discounts.

Theoretical Components
This will cover Paying off a car Calculating simple interest Discounts Comparing deals GST These topics are found in the text book; Access to Prevocational Maths 1 Chap 6

Practical Components
Worksheet 6:1 Q1, Q2, Q3, Q5, Q7 Worksheet 6:2 Q1 a) c) e), Q2, Q4, Q6 Worksheet 6:3 Q1, Q2, Q5 Worksheet 6:4 Q1 to Q5 Worksheet 6:5 Q1, Q3, Q4

A car will always cost more than the price on the windscreen. List four things (and the price) you will probably have to pay in up-front costs.

Quiz Forum

Every even week (first one is in Week 2) there is a quiz. You must complete this quiz as part of attendance requirements. There will be a hyperlink to the quiz. Every odd week you must participate in an online forum (this week is Week 1 so you must complete it again as part of your attendance requirements). The forum is found in cLc Maths homepage.

Week 2 1 Term 2012

Learning Brief

MG3 Cars, Chance, Moving Out & Finance

Goals

This week; Fuel costs Other costs such as registration, insurance, repairs etc

Theoretical Components
This will cover Fuel costs Car running costs This video provides good information on buying a car. http://bit.ly/6rKCOU The following website may assist you with the investigation. http://www.act.gov.au/

Practical Components
Access to Prevocational Maths 1 Chap 6 Worksheet 6:6 Q1, Q2, Q3, Q5 Worksheet 6:7 Q1 to Q4 Note this worksheet involves playing the car ownership board game.

1. In Worksheet 6:7 there is a table showing the cost of a licence. How does this compare to the costs in the ACT? 2. What is the cost of third party insurance in the ACT? What does it cover?

Quiz Forum

You must do the quiz this week. This is an even numbered week no forum.

Week 3 1 Term 2012

Learning Brief

MG3 Cars, Chance, Moving Out & Finance

Goals

This week we will continue to look at aspects of buying and owning a car.

Theoretical Components
This will cover Comparing cars Tyre pressure Prime cost depreciation Diminishing depreciation

Practical Components
Access to Prevocational Maths 1 Chap 6 Worksheet 6:8 Q1, Q2, Q9, Q10 Worksheet 6:9 Q1 to Q4 Worksheet 6:10 Q1, Q2, Q3 a) c) Worksheet 6:11 Q1

If you owned a car worth $10000 and it was depreciating at a rate of 20%, would you rather this depreciation be prime cost depreciation or diminishing value depreciation? Hint: Consider its value after 3 years using both methods.

Quiz Forum

This week is an odd numbered week so no quiz. This week you must participate in the forum..

Week 4 1 Term 2012

Learning Brief

MG3 Cars, Chance, Moving Out & Finance

Goals

This week we will consider some safety aspects of owning a car.

Theoretical Components
This will cover Stopping distances Blood alcohol levels You will find the following two youtube videos on stopping distances interesting. http://bit.ly/yWj2B7 http://bit.ly/wB1edc

Practical Components
Access to Prevocational Maths 1 Chap 6 Worksheet 6:12 Q1, Q2, Q3, Q6 Worksheet 6:14 Q1, Q2, Q4

Use the following website to determine how many full strength beers you can consume between 8:00 pm and midnight and still be under the legal limit. http://www.rupissed.com/

Quiz Forum

This week is an even numbered week do the quiz. No forum this week.

Week 5 1 Term 2012

Learning Brief
This week you will work on your assignment.

MG3 Cars, Chance, Moving Out & Finance

Goals

Theoretical Components
The assignment will cover many aspects of the work you have completed so far.

Practical Components
The assignment.

None this week.

Quiz Forum

This week is an odd numbered week so no quiz. Participate in the forum this week.

Week 6 1 Term 2012

Learning Brief
This week you will look at comparing food prices discounts profit and loss

MG3 Cars, Chance, Moving Out & Finance

Goals

Theoretical Components
Important ideas for this week: Unit costs a method for comparing prices Applying percentages to calculate discounts The concept of making and losing money. The youtube clip below helps to understand this idea. http://bit.ly/ysBiUh

Practical Components
Booklet Personal Finance Worksheet Unit Prices all questions Exercise 3A Q1 a) b) c) d) Q2 a) b) Q3 a) b) c) Q4 a) b) Q5 a) b) c) Q6 Exercise 3B Q1 a) b) c) Q2 a) b) c) Q3 Q6 Test yourself Q7

Many food items are sold in different sizes and in multipacks. For a popular soft drink and snack compare the unit price when purchasing in each of these ways. Food items are easy to find and compare at the Woolworths site below. http://www2.woolworthsonline.com.au/

Quiz Forum

There is a quiz this week. There is no forum this week.

Week 7 1 Term 2012

Learning Brief

MG3 Cars, Chance, Moving Out & Finance

Goals

This week you will gain an understanding of using lay-bys and hire purchase and investigate the pros and cons of credit cards.

Theoretical Components
Using Lay-bys and Hire Purchase Using Credit Cards. The following clip demonstrates the difficulty experienced with a credit card if you only pay off the minimum amount each month. http://bit.ly/brK0PY

Practical Components
Booklet Personal Finance Exercise 6.2 Q1, Q2, Q4, Q6, Q8 a0 b) c) d), Q11, Q12 Exercise 6.3 Q1, Q3 a) b) d), Q4 Investigation 3

The link below directs you to the ACTs website outlining your rights to repair, replace, refund. Make a summary of what this means and, importantly, when your rights apply. http://www.accc.gov.au/content/index.phtml/tag/cons umerrights/

Quiz Forum

There is no quiz this week. There is a forum this week.

Week 8 1 Term 2012

Learning Brief

MG3 Cars, Chance, Moving Out & Finance

Goals

This week we will complete the work on Credit Cards and start on revision for the test next week.

Many students actually look forward to Mr Walkers maths tests.

Theoretical Component
Comparing no interest-free days and 55 day interest free credit cards. Credit cards explained; http://bit.ly/zYbNbz Applying for a credit card; http://bit.ly/A4Sa5E How to use your credit card; http://bit.ly/yTuqka

Practical Components
Booklet Personal Finance Exercise 3E Q1 all Q2, Q4, Q5, Q6 Revision Booklet Cars and mobile phones Check Your Progress Q1 to Q9 Booklet Personal Finance 10 Quick Questions (p74) Chapter Review Q1 to Q12

Assuming you can get a 55 day interest-free credit card, outline its advantages and disadvantages and the best way for you to use one.

Quiz Forum

There is a quiz this week. There is no forum this week.