When you select the Learning Material section for any week of the class, you will see a sub-section labeled ”Handy Helpers”.
When you select the Learning Material section for any week of the class, you will see a sub-section labeled ”Handy Helpers”. The link in the word cloud on that page takes you to another page with links to videos, math sites, PowerPoints, cheat sheets and other materials that explain the topics covered in this course.
Check out the material on one of the Handy Helpers. Which site did you look at? Did you find the site to be useful or not?
PART B: Calculating Percentages
In this part of the discussion assignment you will get an opportunity to practice the following skills:
Calculate percentages
Write functions
Take your time to carefully read the assignment below. In this assignment you are being asked to figure out if you can reach some of the financial goals you listed for yourself in the Week 1.
Part B1: Savings vs. Investments
Before you begin you begin working on the rest of this assignment, tell us what you think are the differences between savings and investments.
Part B2: Growth Needed
Watch this lesson: Simple Functions
Now, for the rest of the assignment. Did you set a 1-year goal for yourself in the Week 1 assignment? If not, you can do it now. Respond to the following:
Describe something you would you like to acquire at the end of 1 year.
How much will you have to pay for that thing?
How much are you willing to invest right now to be able to gain the needed amount of money in time to meet your goal?
Find the percentage growth you need to meet your goal, using the function below. This function takes two inputs (also known as arguments) and returns a value (the output or result) which is the % growth required.
PercentGrowthNeeded = f(initial amount of money, final amount of money)
PercentGrowthNeeded = ((final amount of money – initial amount of money)/initial amount of money) * 100
Now use the above equation. Replace the variables by the values you want to use. Calculate the % growth needed and write it out as a full sentence:
“The % growth needed to meet my 1-year goal is: nn%”
The tell us how you think you will find that growth.
Show what you have written for your function and fill in the table below:
Goal Write what you want for your goal here.
$ Needed $
Time You Have to Reach Goal 1 year
$ You Have Available Now to Invest $
% Return Needed to Meet Goal ?
Ask me for help if you don’t understand the assignment or if you have difficulty doing any part of it. ([email protected])
Part C: Creating and Using a Polynomial Expression
In this part of the discussion assignment you will get an opportunity to practice the following skills:
Write functions
Write and use a polynomial expression
A couple of related polynomial lectures are available at the links below:
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