The American Academy

In the first quarter of Financial Math, students will examine the various ways that people earn money and how that money is managed, saved, and spent. This quarter addresses the usefulness of both checking and savings accounts and how to manage them, as well as consideration of saving versus investing. Students will explore cash purchases, receipts, and sale prices. Students will apply the appropriate math concepts needed to successfully navigate the implications of every-day financial scenarios, and develop financial decision-making and planning skills. In the second quarter of Financial Math, students will explore the concepts associated with credit including the calculation of interest and the impact of loans and credit on personal finance. Students will then learn about the costs associated with major financial decisions such as purchasing, insuring, and maintaining an automobile, a home, and health/life insurance. This quarter ends with a comprehensive look at financial planning and personal budgeting