on the final summative next week.
Dec.19  Friday
Assign.  NO class today.  eVeryone enjoy the holidays.

Dec.18 Thursday
Assign:   Worked through examples of annual costs , monthly costs
                and cost per kilometer of car ownership.

Dec.17 Wednesday
Assign:   Worked through examples of buying a car using a loan versus
                leasing.
Dec.16 Tuesday
Assign;   Work today on calculating depreciation of car's value.
                assign #1-4,6  calculating cost of purchase of car. Continue
                to work at spreadsheet skills.

Dec.15 Monday
Assign:  Class work today. Examined the payment schedule for financing
              car payments with zero percent financing vs loan bearing interest.
              Students need to practise to improve spreadsheet skills.
NOTE:    Students have been advised that the final summmative for this
                course will be held  January 13th-January 16th. Students will
                have access to notes and texts for this assessment.

Dec.12 Friday
Assign:   Presentations concluded today. We will spend some time
               investigating aspects of car ownership: used vs new
               insurance ( on parent's policy vs own)  We will be using spread-
               sheets again as we work to examine the time to pay off a
               car loan.

Dec.11 Thursday
Assign:  Continue with presentations . Students worked again on
               spreadsheet applications to determine length of time to 
               accumulate funds for the trip they designed. 
Dec.10 Wednesday
Assign:  Trip presentation today in class. These should be finished by tomorrow.
              We are beginning the unit on Credit cards. Students can access the site
                www.practicalmoneyskills.ca and choose "students" to get informed about
                this topic.

Dec.9 Tuesday
Assign:   Two presentations are left to complete this topic
                REMINDER: Class tomorrow is in room 102 near music rooms

Dec.8 Monday
Assign;   Presentations will conclude tomorrow. A final aspect of this assignment
                will be to complete a spreadsheet detailing the savings component
                required to save for the trip you investigated

Dec.5 Friday
Assign:   Presentations will continue on Monday, make sure that you follow the 
                guidelines for the project. There must be a printed sheet of information
               accompany the display and oral presentation. 
               Examples of formulas in spread sheets was done again in class.
               There will be one more assessment given in this topic- one dealing with 
               a single deposit , the other with regular deposits.  If you were absent,
               get the examples from someone and copy them into your notebook.

Dec.4 Thursday
Assign:  Work period for presentation prep- Trip projects will be presented in
               class tomorrow. Write-ups are due tomorrow .Presentations will be about
               5 minutes in length.

Dec 3 Wednesday
Assign:    Students had a work period to finish collecting material for 
                trip project for this unit. Materials should be on hand for
               completing display tomorrow. Presentations will be in class
               on Friday.

Dec.2 Tuesday
Assign:   Worked on spreadsheet skills entering formula with regular
               deposit.  Remainder of class spent on trip project. Check handout
               folder for details of project.

Dec.1 Monday
Assign:  Worked again on inserting a formula into a spreadsheet for
               compound interest- Students have put oa copy of this in notebook
               and they can practise doing this in Excel. The formula is the same.

Nov.28th Friday
Assign:   Test today Savings and investing

Nov. 27th Thursday
Assign:   Work on trip project - This will continue into next week. STudents will
                be required to assemble the trip information on tri- fold display board
                and present to class. Final project includes costs for all aspects of the
                trip. Include pictures of accommodation, local sites,  etc

Nov 26th  Wednesday
Assign:     Work on trip project  - initial details - city/departure date/ estimate
                  due Friday

Nov 25  Tuesday
Assign;   Began a  new unit today. This is a project based unit. Students can
                individually or in pairs plan a trip.  The minimum length of stay in
                the city must be one week.  Trips may be longer.  Guidelines for the
                project are posted in the handout folder. Depending on destinations,
                not all items will apply.

Nov.24 Monday
Assign:   Work again today on the graphing calculators with the
                TVM solver this time with regular payment. Students need
                 to know what the variable means in the solver.  They will
                 be allowed to use their notes on a test of this material. 
                 Workbook: Pgs 148 -150 Text

Nov. 21  Friday
Assign:  Work on the graphing calculators using the TVM solver
               Assignment from workbook Pg. 141- 147 . Students are reminded
               to have both texts and workbooks in class every day.

Nov. 20 Thursday
Assign:   Risk Tolerance- various stages of investment in life
                early career to retirement.  Text Pg 140 discuss scenarios
                Students continued to work on spreadsheet skills.

Nov.19 Wednesday
Assign:   A small class today. Students worked on spreadsheet skills
                using fill handle and entering a formula into a cell.
                Rule of 72 discussed and verified using real data.

Nov.18 Tuesday
Assign:    Hand in answers to reading in " the wealthy barber"
                 Work on spread sheets. It is a goal of the course that students
                 gain some proficiency  in the use of formulas in spreadsheets.
                 we examined the impact of starting to invest early and observed the
                  difference in what amount accumulates at age 65. Discussion
                  tomorrow on RRSP's.
Nov.17 Monday
Assign:  Introduction to investments in bonds.   Read page 129
              Copy examples 2 and 3 from page 130-131
              Do page 132 #6-9

Nov.14 Friday
Assign:  Major summative today. No assigned work. Have a good weekend.

Nov.13 Thursday
Assign:   Ch 4 The Wealthy Barber-  two questions
                Reviewed unit pricing and foreign exchange Reminder:  You will need to bring a
                calculator with you. These may not be shared during the test.

Nov.12.Wednesday
Assign;   Peer evaluation of poster assignment.  Work on spreadsheets.
                Review for Summative on Friday- worked through overtime pay

Nov.11 Tuesday
Assign:    Ch 4  Paying yourself first, savings deducted at the source.
                 Continued work with the compound interest formula.
                 Using spread sheets to calculate compound interest.

Nov.10 Monday
Assign:  " The wealthy barber " cont'd  - Golden rule for success
                  Compound interest when conversion period is other than annually.
                  Pg. 122 #1,2 
                  Please have a scientific calculator with an exponent key available for
                  this work.
                  NOTE:  TOMORROW IS THE LAST DAY TO GIVE ME A
                  ONE PAGE SUMMARY SHEET FOR THE SUMMATIVE TEST
                  ON FRIDAY. YOU MAY INCLUDE WORKED EXAMPLES, FORMULAS
                  DEFINITIONS, ETC.  I WILL KEEP THE SHEETS AND GIVE THEM
                  TO YOU ON FRIDAY.

Nov.7 Friday
Assign:   Finished ch 2  Students worked on formula sheet for the summative 
               next week. Depending on football finals , it will be Thursday or Friday
               The sheet is due at beginning of class on Monday, so that I have time
                to look at them. They will be given to students to use during the test.
Nov.6 Thursday
Assign:   A very small class today, with many on field trip. Read part of chapter 2
                of "the wealthy barber"  Examined compound interest formula. This will be
               examined again tomorrow for those who were away.  One page formula/information
               sheet needs to be prepared for tomorrow for the summative next week.

Nov.5 Wednesday
Assign:  Examined compound interest.  Read ch. 1 of " The Wealthy Barber" 
              This will be an ongoing project throughout the term as we are now in
              the savings / ivestment part of the course.  Compound interest assignment
              will be posted to your folder.
              NOTE:  Formula/prep sheets for the summative assessment must be completed by
                             Friday,Nov. 7th.- Last date to turn this in.
Nov.4 Tuesday
Assign   Simple interest and amount  -  Pg.113 #1-6

               Formula sheets due tomorrow for the major assessment- This must be

               one side only of an  8 1/2 x 11 sheet. The sheet will be turned in and approved

               by me, and then will be returned to you for the assessment.

Oct.31 Friday
Assign    Investigation of terms CSB, GIC,Mutual funds
               As savings vehicles, research ability to access 
               funds, interest rates,  how to purchase, etc.

Oct. 30 Thursday
Assign:    Today was a short class. Students reviewed examples from

                 Monday's class and then wrote a quiz.

Oc.t 29 Wednesday
Assign:    In text, Pg. 108 #1-3  Reading a bank statement.

                 In workbook, complete definitions for pages 103-106. Some of these

                 terms are defined in the glossary and some defined beginning pg. 108

                 REMINDER- Quiz tomorrow on effective rate of interest.
Oct. 28 Tuesday
Assign:   Research bank fees - Compare fees for such services as

               safety deposit box, dormant accounts, travellers' cheques,

               NSF cheques. You might examine the tdcanadatrust website

               and one other bank.  Text  Pg. 106 #7-11

Oct. 27 Monday
Assign;  Tests returned today. Worked two examples of
               determining effective rate of interest when buying
               on the instalment plan. Began Chapter 6 on 
               bank charges for chequing accounts. 
               Quiz Thursday on rate of interest problem
Oct.24  Friday
Assign:   Students completed posters and researched information on

                various types of accounts- chequing/savings/ Us dollar

                for various banks and financial institutions.

Oct.23 Thursday
Assign:  Finish store posters . Tomorrow we will begin the next unit.

Oct.22 Wednesday
Assign;   Class time today creating a poster involving discounts/

                incentive buying.

Oct.21 Tuesday
Assign;   Instalment buying- Text  Pg.97#5-7

                Handout  #1-4 determine specific values that are used in the formula

                r= (2NI)/[ P(n+1)]  YOu cannot find all values but indicate the ones that

                can be found . Tomorrow the questions will be comprehensive.

Oct.20 Monday
Assign:  Test today. No assigned work

Oct.17 Friday
Assign:  Options for consumers-  layaway plan, buying on instalment plan

               Test Monday  - Covers savings offered through discounts

               ( percents, fractions\  buy one get one half price) 

                cross border shopping, foreign exchange and related expenses.
               pg.94 #1-3  pg.95 #1-3
Oct. 16 Thursday
Assign:   Purchasing out of country - applicable charges - shipping, duty ,taxes

                Handed in 4 questions from career focus
Oct.15 Wednesday
Assign:   Cross border shopping and the value of the CND $.

               Did work with a currency converter and search for current limits

               for cross- border shopping.

              Pg. 89 #3-6


Oct 14 Tuesday
Assign:  Students received a number of handouts illustrating various ways of presenting

               sale prices. Incentives including point cards, " store money", free gifts, etc.

               Pg. #2-4,8,10

Oct10 Friday
Assign:  Determining unit pricing to establish a best buy.

              Pg 84 #1-6

Oct.9 Thursday
Assign: Pg.74 #3  Markups and markup rates

Oct.8 Wednesday
Assign:  Pg.71,72 #5-13 This work will be collected. Marks will be assigned

Oct.7 Tuesday
Assign:  Pg.65 #4 making change to minimize number of coins

               Pg.67 # 2a,b, 3-5

               Began discussion on discount pricing.

Oct.6 Monday
Asisgn;   Pg.63 #2-12   Students received back tests and assignments from last week

               A reminder that unauthorized absences from evaluations result in a zero. Please make

               sure that notes are brought in.
\
Oct.3 Friday
Assign:  Reviewed ideas concerning estimated and actual values of PST and GST.

              Students were asked to submit solutions to 3 questions related to this idea.

              The next unit deals with purchases , making change, discounts, etc No work

              assigned for the weekend.

Oct.2 Thursday
Assign: Work on the career focus, section 3,5  Students can use notes and text to help

               answer the questions.  Continue to develop spreadsheet skills.

Oct.1 Wednesday
Assign;  Pg. 54-55 #1-9 Taxes including indirect ( hidden)  Handout showing hidden taxes

               for gasoline. Research transit tax for Vacouver  and carbon tax. Also check mill rate

               for Peel property taxes.

Sept.30 Tuesday
Assign:  Test today on unit two . Students need to remember that it is their responsibility to

               bring calculators to class. It should not be an expectation that one will be provided

               for them.
Sept.29 Monday
Assign:  Work today on PST and GST ( mention of HST) in some provinces. There is a test

               tomorrow on chapter 2 dealing with deductions from gross income. Students will need to be

               able to read data from spreadsheets and other forms for extracting data.

sept.26 Friday
Assign:  Most students were at university fair or absent from class. Discussion about the

               schedule 1 for  income tax and how we arrive at " taxable income"

Sept.25 Thursday
Assign:  A short class today because of early dismissal.

               Workbook  Pgs. 34,35, 42-45, 48,49,50,51

Sept.24 Wednesday
Assign: Pg.48,49  #1-9  This chapter begins the examination of deductions in pay

             T4,T5 and T1 general form for filing income tax. Students will be expected to

             be able to complete simple entries in a T1 general as part of being familiar

            with the document and reading entries from various slips.
Sept.23 Tuesday
Assign: Work today on using formulas in a spreadsheet , formatting cells - currency

              and grid. Continue work on the review exercise on page 42 ,43 Test will be

               next week.

Sept.22. Monday
Assign:  Pg. 39-40 #3-12 This assignment deals with purchasing power, making decisions

               to have net pay available for purchases.

Sept.19 Friday
Assign:  Pg.36-37 #1-13  Reading spreadsheets.  Students had some practice today  working

                on spreadsheets in openoffice. We will continue working with spreadsheets on an

                ongoing basis.

Sept.18 Thursday
Assign:  Students absent yesterday should read the questions for 2.4 on page 32

               Discussion in class Wednesday centered on deductions from take- home pay.

               Today we examined classifieds to chart prices of accommodations- rental

                 apartment, condos, houses  Pg. 33#2,3,5,6

Sept. 17 Wednesday
Assign:  Students worked in pairs or threes to discuss how to answer the
               questions for the career focus in section 2.3 . This was then completed
               as an individual assignment  and submitted for marks.Students could use

               all resources- texts , notes  and had answers to check.
               Began discussion of living expenses.              

Sept. 16 Tuesday
Assign:   Discussion today on deductions from earnings- Examined various 
                provincial income rates  for other provinces.
                Assign Section 2.2 #1-9

Sept.15 Monday
Assign:  Students received back tests from Friday.  We began discussions

               on deductions from earnings. Assign: Text Pg.24 #3-8

                                                                        Workbook: Look up info on CPP, EI, Income tax

Sept.12 Friday
Assign:   Test today. Expect these marked and back on Monday

Sept 11 Thursday

Assign:  Students completed an internet search assignment in class today and submitted it.

             The search covered career choices, possible salaries to start, education required, etc.

             REMINDER :  Test tomorrow covers  various means of compensation.  Bring

                                      your calculators ! ! ! ! ! !

 

 

Assign:  Workbook Pgs 12-19 . Students worked at various pace to complete questions

             on a number of pages  the test Friday covers methods of being reimbursed for work

              A CALCULATOR IS REQUIRED . CELL PHONES NOT ALLOWED. CALCULATORS

             MAY NOT BE SHARED ON A TEST.

 

Sept. 9 Tuesday

Assign:  Payment as salary/commision/step commission

              Discussion and examples of this method of eaning wages.

              Text  Pg. 14 #1-4  and Pg.16 #1-3 ( For #3 just work out values for Feb,

               March and December) Students who wished had some time using the new lab.

               Test on Friday on methods of receiving wages- Students will need a calculator

 

Assign: Discussion on wages and tips

              Pg.11 and 12 #1-9

 

Assign: Discussion of wages- hourly rates and overtime pay

             Text  Pg. 10 # 1-5

              Workbook pg. 8   REMEMBER CALCULATORS FOR MONDAY   ! ! ! ! ! !

Sept.4 Thursday

Assign: Discussion of receiving wages - piecework

              In the text Pg. 7 #1-7. Students also received a workbook. They can write in this

              Replacement costs if lost are $ 20.00

 

Sept 3  Wednesday

      Assign: Students should read examples on page 4  and do pg. 5 # 1-3.

         A number of students did not have calculators with them today. This is a requirement for this course. 

        They will be used on an almost daily basis. A few students have texts owing from last year. These accounts

         need to be settled prior to receiving a text for this course.

 

 

         Assign: Students completed an information sheet and received  handouts-

         one containing a copy of some classified  ads and some information on

         the minimum wage requirements. For tomorrow, please bring a binder( 2 " ) ,

         a pencil and a calculator. If you have books to return from courses last year,

         please do so as this needs to be completed prior to receiving a text. 

 

 

 

I hope that everyone has had an enjoyable summer

 

 

        Enjoy the last long weekend ! ! ! ! !