aidemia--modules-lessonstartideas_type | Give a creative idea how to begin a lesson |
Which subject | Mathematics |
What age group | Year or Grade 11 |
What topic | Investing |
Quantity | 1 |
Any other preferences |
To introduce Year 11 students to the fundamentals of investing, exploring its concepts and relevance in practical scenarios.
Imagine you’ve just inherited a sum of $10,000. Your challenge is to grow this money into a million dollars over the next 30 years through smart investing.
Now that we have a foundation of ideas and terms from our challenge, let's dive deeper into the mathematics behind investing. Today’s lesson will not only explore these concepts but also teach you how to calculate potential growth over time using formulas for compound interest and understanding returns on investment.
This opening activity should spark students' interest in investing by relating it to a personal challenge. It sets the stage for mathematical calculations while encouraging critical thinking and discussion about real-world applications of math.
Prepare students to calculate their potential investments using the principles introduced today, moving into practical applications in tomorrow's lesson!