Financial Applications
Students will apply their knowledge of geometric sequences and series to financial mathematics. They will solve problems involving compound interest and ordinary annuities.
About This Topic
Students will apply their knowledge of geometric sequences and series to financial mathematics. They will solve problems involving compound interest and ordinary annuities.
Key Questions
- How does compound interest relate to geometric sequences?
- What is an ordinary annuity?
- How can we calculate the present and future value of an annuity?
Active Learning Ideas
See all activities→Activities & Teaching Strategies
See all activities
Planning templates for Functions
5E Model
The 5E Model structures lessons through five phases (Engage, Explore, Explain, Elaborate, and Evaluate), guiding students from curiosity to deep understanding through inquiry-based learning.
Unit PlannerMath Unit
Plan a multi-week math unit with conceptual coherence: from building number sense and procedural fluency to applying skills in context and developing mathematical reasoning across a connected sequence of lessons.
RubricMath Rubric
Build a math rubric that assesses problem-solving, mathematical reasoning, and communication alongside procedural accuracy, giving students feedback on how they think, not just whether they got the right answer.
More in Discrete Functions
Sequences
Students will investigate discrete patterns, focusing on arithmetic and geometric sequences. They will develop recursive and explicit formulas to represent these sequences.
8 methodologies
Series
This topic introduces the concept of a series as the sum of the terms of a sequence. Students will derive and apply formulas for the sum of arithmetic and geometric series.
8 methodologies