Financial Planning - Schenectady Math Portal



Financial Planning

Project

Name: _________________________ Period: _____________

College Bound Math Teacher: ___________

This is the information you’ll be generating and making choices for starting with Part 1 through Part 4. You will need this collected information in order to accomplish Parts 5 and 6.

|Job/Career Title: pg 7 |

|Gross Salary (before taxes, etc.): |Net Salary (after taxes, etc.): |

|Monthly take home pay: Net Salary ÷ 12 |

|Monthly Student Loan Payment (per month): pg 11 |

|Car Make: pg 13 |Car Model: |Car Year: |

|Car Loan Payment (per month): pg 16 |Insurance Payment (per month): pg 18 |

|Total Savings: pg 20 |Total Monthly Living expenses: pg 25 |

Table of Contents

|Introduction |Page 4 |

|Part 1 – Job vs. Career |Pages 5 – 7 |

|Part 2 – Public vs. Private Schools |Pages 8 – 9 |

|Part 3 – College Loans |Pages 10 – 12 |

|Part 4 – Obtaining a Car |Pages 13 – 18 |

|Part 5 – Renting a Place to Live |Pages 19 – 26 |

|Part 6 – Buying a House |Pages 27 – 29 |

|Reflection |Page 30 |

|Grading Rubric |Inside Back Cover |

There are many written and mathematical components to this project. You are expected to answer the written components using complete sentences and show, at a minimum all formula substitutions. All the information needed to perform this project is located in this packet and will require you to read thoroughly in-order to locate much of that information. Therefore it is in your best interest to diagram the reading passages, as in your English classes, in-order to comprehend what is expected of you.

This project is your opportunity to show your ability to use technology and assimilate the information that you have learned leading up to this point. This project is your opportunity to earn a high 3rd quarter assessment grade since this project replaces that exam. This project is your opportunity to challenge yourself and prove to me your level of commitment to be successful in this course. Therefore a decision to do your due diligence and effort should translate into a high score, while a lack of effort and commitment will negatively affect your ability to be successful this quarter.

Introduction

So what are your plans for after high school? Will you get a job or go to college? If you go to college, do you know what kind? Will you attend a 2-year or 4-year school? Will you attend a University or Technical School? Or will you go straight into the work force? What kind of lifestyle do you want to live? Do you want to drive a nice car? Do you want to have your own apartment or house? In the box below, describe how you see yourself after high school.

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How do you plan on affording the things you mentioned above? We all know the things we want and like to do have a price. What are some costs you may encounter after high school? Let’s create a web.

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|AFTER HS |

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This project will help you look at and calculate some of these costs before you get out of high school so you are not surprised when you get out into “the real world.”

Part 1 – Deciding on a Career Path/Job

You are graduating from high school and you are trying to decide your future employment. Are you going to go to college or are you going to get a job right out of high school? If you decide to go to college, what career path are you going to study towards? Will it require an associate’s degree, bachelor’s degree, or a graduate degree? If it requires a graduate degree, would it be two or four years? If you decide to get a job right out of school, what job path will you choose?

You should never make a life-changing decision without doing some brainstorming and some research.

|Jobs (no college) |Careers (college required) |

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|Jobs & Careers (may or may not require college) |

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Part 1 – Researching a Job vs. a Career

Now you are going to do a comparison of a job that you would like to pursue right out of high school and a career that requires a higher education or technical degree.

Go to and explore the salary for different jobs and careers. Type in the job or career that you are interested in the “what” space and type in Schenectady, NY in the “where” space. Type in some other areas that you may be interested in living and compare their pay salaries to Schenectady.

Remember: Higher pay somewhere other than Schenectady does not mean that you are really going to have more money to spend. Some places that have a higher salary may be a more expensive area to live in (housing, food,…)

You can also explore options at:

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Part 1 - Comparing Job and Career Options

Choose a job that DOES NOT require college? ________________________________________

Choose a career that DOES require college? _________________________________________

Fill in the table below comparing the two.

| |Job Title: |Career Title: |

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|Median Gross National Salary | | |

|(What would you make on average?) | | |

|Net Salary |Multiply Gross National Salary by (0.70) |Multiply Gross National Salary by (0.70)) |

|(Salary after taxes and health | | |

|insurance) | | |

|Net Monthly Pay | Net Salary divided by 12 |Net Salary divided by 12 |

|(What you take home every month after | | |

|taxes, etc.) | | |

|Net Pay for 15 years |[pic] |[pic] |

|(how much will you make over the next | | |

|15 years?) | | |

| | | |

|Use the directions at the bottom to | | |

|calculate this. | | |

|Buttons for Summation: [pic] [pic] 2 [pic] |

What is the difference between how much you make per year between having a job and having a career? _______________________________________________________________

What is the difference between how much you make over the course of 15 years between having a job and having a career?_________________________________________

Which would you take and why? ____________________________________________________

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Part 2 – Looking into Public vs. Private Colleges

Now we are going to look at the career path and compare the different option choices for colleges/technical schools. Do you need to go to college/technical school for 2, 4, 6 or 8 years to reach your career goal? Are you going to attend a community college, public college or private college? Will it be in state or out of state? Are you going to live on or off of campus? There are a lot of things to think about when making these decisions.

What kind of degree does your career choice require? (circle one)

|Associates |Bachelors |Masters |Ph.D/MD |

|(2 years) |(4 years) |(6 years) |(8 years) |

Explore the different options and choose two different types of schools (FULL TIME).

**The information you will need concerning your colleges can all be found on the following website.



**If you are unsure of what major you are looking for or the type of school you should be looking at then you can use the following website.



| |School #1 Name: |School #2 Name: |

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|Type of School (circle all that |Community Public Private On-line |Community Public Private On-line |

|apply): |Technical In-State Out of State |Technical In-State Out of State |

|Tuition for 1 year: | | |

|(remember to calculate out of state | | |

|fees if you choose an out of state | | |

|school.) | | |

|Other fees | | |

|Room and Board | | |

|(this is for the cost of housing and | | |

|food) | | |

|Books & Supplies | | |

|Total Cost for 1 year |Add up the above four boxes |Add up the above four boxes |

|(already calculated for you on | | |

|collegecalc) | | |

|Total Number of years attending: | | |

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|Total College Costs: |Multiply Total cost by # of years |Multiply Total cost by # of years |

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On the for each of your colleges scroll down to Average Financial Aid Mix and locate the following 2 percents: Federal Loans & Out of Pocket. These will be used in the next section.

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|Federal Loan % | | |

| |% |% |

|Out of Pocket % | | |

| |% |% |

What are some conclusions you can draw about the two different types of schools you researched? (Examples: which was more expensive, which had more fees, why do you think this may be so?)________________________________________________________________

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Which school do you think you would go to after doing the research? Why? ___________

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Part 3 – Student Loans

Most people do not have the cash reserves to pay for college up front, so you can take out school loans. Getting scholarships can help off-set some of the costs along with Financial Aid. In this section you will look at how much your school of choice will cost you, up front and in the long-term.

The Going Interest Rate

Direct Subsidized and Unsubsidized Loans for undergraduates with a first disbursement date between July 1, 2016, and June 30, 2017: 3.76%

In order to understand a student loan better we are going to look at taking out a loan for 10, 7 and 5 years.

Standard Repayment

With the standard plan, you'll pay a fixed amount each month until your loans are paid in full. Your monthly payments will be at least $50, and you'll have up to 10 years to repay your loans.

The standard plan is good for you if you can handle higher monthly payments because you'll repay your loans more quickly. Your monthly payment under the standard plan may be higher than it would be under the other plans because your loans will be repaid in the shortest time. For the same reason—the 10-year limit on repayment—you may pay the least interest.

Consequences of default:

If you default:

• We will require you to immediately repay the entire unpaid amount of your loan.

• We may sue you, take all or part of your federal and state tax refunds and other federal or state payments, and/or garnish your wages so that your employer is required to send us part of your salary to pay off your loan.

• We will require you to pay reasonable collection fees and costs, plus court costs and attorney fees.

• You may be denied a professional license.

• You will lose eligibility for other federal student aid and assistance under most federal benefit programs.

• You will lose eligibility for loan deferments.

• We will report your default to national consumer reporting agencies (credit bureaus).

Re-paying your loan

|Total Cost of the school you chose | |

|Use from previous section Pg 9 | |

|What percent will you have in Student (Federal) Loans? pg 9 |% |

|How much money will you have covered in Student Loans? | |

|This is the number you will be using when calculating your loan repayments below. P = Amount being financed|P= |

|What percent will you have in Out of Pocket costs? Pg 9 |% |

|How much of the college cost will be in Out of Pocket costs? | |

|This is the amount of money you will need to find other sources to cover. | |

P = Amount being financed r= interest rate (as a decimal) t = time in years

How will time affect your loan?

| |10 Year Loan |7 Year Loan |5 year loan |

|Monthly Payments: (use the | | | |

|formula( r = interest rate) | | | |

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| |Monthly Payment: |Monthly Payment: |Monthly Payment: |

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|Number of months in… | | | |

| |10 years = ________ months |7 years = _______ months |5 years = ________ months |

|Overall Cost of financing college |(Monthly payments X # months) |(Monthly payments X # months |(Monthly payments X # months) |

|including Interest | | | |

|Total finance charge on the loan |(Overall cost – initial loan amount(P)) |(Overall cost – initial loan amount(P))|(Overall cost – initial loan amount(P)) |

How much will you save if you pay off your loans in 7 years instead of 10 year? _____________________________________________________________________________________

How much will you save if you pay off your loans in 5 years instead of 10 years? _____________________________________________________________________________________

How do you think this would affect your motivation in paying off your loans? ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

What factors in life could possibly inhibit you from paying your student loan back in a shorter time? ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

In your own words, why is it important NOT to default on your loan? What goals could that prevent you from achieving in your life?

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You still have your Out of Pocket costs. Costs not covered by grants, scholarships or your student loans. In your own words explain how you will get this part of the college expense covered.

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Part 4 – Purchasing vs. Leasing a Car

Now that you are gainfully employed, you are in the market for a car. You aren’t sure whether you would like to own or lease a car, so you are going to do a comparison before making your final decision.

First, let’s explore the option of buying a new or used car. Follow the steps below to find a vehicle that meets your needs. Your vehicle can not be older than 2012 & must have less than 40,000 miles.

Go to and follow the steps to find the vehicle that you choose to “purchase”. You’ll want to find an automobile that is within 50 miles of Schenectady and you’ll want to “shop around” a bit. Compare prices and try to find a good deal!

You can also explore options at:



You can also go to a local dealerships website if you know what vehicle you desire.

Your Vehicle Information:

| |Car #1 |Car #2 |

|Make | | |

|(Ford, Honda, Chevy, Dodge, etc.): | | |

|Model | | |

|(Edge, Accord, Cavalier, Ram, etc.): | | |

|Special Designation | | |

|(Engine displacement, Class etc.): | | |

|Year: | | |

|Price: | | |

|Pre-existing Miles: | | |

|Gas Mileage (newer cars only): |City: |City: |

|(sometimes the gas mileage is listed on the main page, other times | | |

|you need to look in the left column under “Model Information” and | | |

|click on “Specifications”) | | |

| |Highway: |Highway: |

|Where are you purchasing from? | | |

|If pre-owned, is it certified? (Make sure you know what that means!)| | |

Which car will you choose? __________________________________________________________

Part 4 – Car Loans

Just like with purchasing your house, you’ll need to take out a loan to purchase your car. Again, similar to purchasing your house, you’ll want to have some kind of a down payment. We are going to say that you’ve got $3,000 for a down payment. Use the price of your car and the amount that you’ve saved as a down payment to determine the amount of money that you’ll need to finance in order to purchase your car:

We are going to use the car loan rates that the First NY Credit Union has on their website:

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Notice that the bank gives the option to choose different “terms” of the loan. The longer the term, the lower the “Monthly Payment per $1,000”, this may seem like a good idea, but what is the disadvantage to taking out a longer term loan vs. a shorter term loan? (Think back to your student loans!) _____________________________________________

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What do you notice happens to the interest rate as the loan term increases? Why do you think this happens? _____________________________________________________________

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The table on the previous page was for NEWER car models. The bank, however, breaks down their loan tables into groups of different years.

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What do you notice about taking out a loan for the purchase of an older model car versus a newer model car? __________________________________________________________

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Why do you think the bank sets up their loan system in this manner? ___________________

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Try it out:

So that you can better understand how taking out a car loan works, let’s run a comparison of two different loan scenarios. Let’s compare taking out a 3 year loan to a 5 year loan.

Amount you need to finance: ________________________

| |4 year loan: |6 year loan: |

|Number of $1,000 increments: | | |

|(round up!!!) | | |

|Monthly payment per $1,000: | | |

|(from chart) | | |

|Total monthly car payment: |Multiply # of increment by payment |Multiply # of increment by payment |

|Number of months in… |12 x # of years |12 x # of years |

|Total amount paid after term of loan |Monthly payment X # of payments |Monthly payment X # of payments |

|is completed: | | |

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|Amount of interest paid |Total amount – financed amount |Total amount – financed amount |

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How much money can you save by taking out a 4 year instead of a 6 year loan?

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Why wouldn’t everyone take out a 4 year loan?

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Part 4 – Leasing A Car

When you lease a car, it is yours for only a short period of time, often 2 – 4 years. Once this term is up, the car must be returned to the leasing company. Let’s look at the pros and cons of leasing a car. Check out the following articles:

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Using the articles above, fill in the table below listing the pros and cons of buying and leasing a car.

| |Buying a Car |Leasing a Car |

|PROS | | |

|CONS | | |

Part 4 – Choosing Car Insurance

You must have car insurance in order to legally drive a car in New York State. The following website lists an “Average Premium (annual)” for car insurance based on the make/ model of the car. Search for the car that you’ve chosen and fill in the information below. Some vehicles are not located on this list because they are no longer currently being produced. Raise your hand and ask for help if this is the case. We’ll match your vehicle up with the closes comparable current model.



Monthly Payment (using the average premium): _____________________

Average Yearly Premium: _____________________

(multiply monthly premium by 12 months)

Remember, the Premium that you’ve just determined is an “average”. Your actual insurance costs could be higher or lower depending on a multitude of factors. Factors that can increase or decrease your premium include: where you live, your age and experience, the type of vehicle to be insured, your credit score and your past driving record (tickets, accidents, etc). Do you think that there are any factors that might increase or decrease your insurance premium?

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Part 5 – Where will you live? Buying vs. Renting…

Before you can figure out what you can afford, we need to take a look at the finances you have incurred throughout the beginning of this project.

Fill in the table below with the information from the beginning of the project.

|Job/Career Title: |

|Gross Salary (before taxes, etc.): |Net Salary (after taxes, etc.): |

|Monthly take home pay: Net Salary ÷ 12 |

|Monthly Student Loan Payment (per month): |

|Car Make: |Car Model: |Car Year: |

|Car Loan Payment (per month): |Insurance Payment (per month): |

Net Monthly Income

Next we will figure out your net monthly income (how much you have to spend each month after loans and car payments).

Total up current bills: Student loan payment + Car payment + Insurance Payment

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Monthly take home pay – Total current bills = NET MONTHLY INCOME

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How much money will you have left for rent/mortgage each month? Does that seem like a lot of money, or a little amount of money?

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Saving Some Money

Be Nice to your Parents…. (

For the first 5 years of your job/career your parents are allowing you to live at home to help save up for moving into your first place. During this time it’s expected that you can save up 20% of your income. (You’re hopefully not paying for everything()

|Net Monthly Income * 20% = Net Monthly Savings |

|(________________)(.20) = ________________ |

If you make monthly deposits into an account that pays 2.5% interest compounded monthly, how much money will you have saved up while you’ve been living at home?

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|B = Ending Balance (total savings) |

|P = Starting Principal (net monthly savings) |

|r = rate (as a decimal) |

|n = # of times compounded (12) |

|t = time in years (5) |

How much money could you potentially save by living with your parents for 5 years? Do you think it would be worth it? What could you do with that extra money? ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

***The money you save could eventually go towards the down payment of a house, which could earn you equity over time. Many people live with their parents for a period of time to help them save money.

Part 5 – Renting vs. Buying a Home

When you move out on your own a few options will open up for you. You will possibly be able to purchase your first home (if you have the down payment), or you will rent for some time and then purchase a home, or you may decide never to purchase a home and always rent. Read the following articles and fill in the following table.

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| |Renting |Purchasing/Buying |

|Pros | | |

|Cons | | |

Looking at a Lease (for a Rental Property)

Most people will end up renting an apartment at some point in time, meaning you will sign an agreement, called a lease, with a landlord or rental agency. These leases are binding contracts, so you MUST read EVERY section CAREFULLY or you may end up signing something that you don’t agree with or understand.

On the next few pages, you will look at a lease and answer a few questions, and ultimately decide if it’s a fair lease that you would sign, or a vague lease that may be a risky move. Get together in a small group to look over the lease and answer the questions. In the end, would you sign it?

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Rent and other costs…

Now that you know what leases look like, it’s time to figure out the type of apartment you could afford before you sign one!!!

You first need to calculate the maximum amount you can afford in rent before you can search for the perfect apartment. By moving out on your own you’ve now added to your monthly costs that need to be budgeted for: food, utilities, entertainment, incidentals, savings, and clothing.

Food: Using the attached chart from the USDA find which plan you believe you would fall into using the 19 – 50 years group. Pick an overall monthly plan on how much you think you would spend in groceries each month.

|“Thrifty Shopper” |buys very few name-brand products and always using coupons |

|“Low-Cost Shopper” |only buys exactly what you need, when you need it |

|“Moderate Shopper” |likes to buy the brands you like with a few extra here and there |

|“Liberal Shopper” |buys what you want, when you want without a second thought |

Official USDA Food Plans: Cost of Food at Home at Four Levels,

U.S. Average, January 2017

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This only covers food expenses not the other expenses of your houshold. What could those be? _______________________________________________________

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MONTHLY Totals:

| |Type/Company (Circle one) |Cost |

|Food: |Thrifty Moderate | |

| |Low-cost Liberal | |

|Utilities (Heating/ |1bd apt ≈ $80 2 bd apt ≈ $120 | |

|Electricity): | | |

|Cable/ Internet |Time Warner Cable Verizon | |

| |Other:_________________________ | |

| |***Research each company – pick which one you prefer. | |

|Cell Phone |Sprint Verizon T-Mobile | |

| |Net10 Other: __________________________ | |

| | | |

| |***Research each company and plan – pick which one best suits your needs. | |

|Total MONTHLY Living Expenses: | |

The BIG Reveal!

So how much money will you have to spend on an apartment each month? Take your Net Monthly Income and subtract your Total Monthly Expenses AND your Savings from each month.

|Net Monthly |Savings each |Total Monthly Living Expenses |Money for Rent/ Pocket Money |

|Income |Month | | |

| |- |- |= |

How much of this money do you think you’ll put towards rent versus pocket money? Explain your reasoning.

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So let’s start looking for some apartments!!!

Where do you want to live staying in Albany, Schenectady, or Saratoga Counties?

What kind of apartment would you like? Look at and Compare two different apartments.



| |Apartment #1 |Apartment #2 |

|Name or location: | | |

|Rent Cost: | | |

|Any utilities included in the | | |

|Rent Cost? | | |

|Amenities (number of bedrooms/ | | |

|bathrooms/pool, etc.)? | | |

|Do they allow pets? | | |

So which apartment will you pick? Why? _________________________________________

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Renter’s Insurance will also cost you about $20 a month, so how much will you NOW have left over as pocket change once you’ve taken out Rent and Insurance?

|Money for Rent/etc. from previous page |Total Cost |Renter’s |Pocket Change |

| |for Rent |Insurance | |

| |- |- $20 |= |

Part 6 - Finding A Home (

In this activity you’ll be browsing homes for sale, choosing one to purchase, and calculating the monthly mortgage payments for owning the house that you’ve chosen.

First we must figure out how much you can afford! Google “Zillow Mortgage Calculator” or go to . Once there you will have to input the following information, so you might as well gather it from your packet first.

| |Total Amount |

|Annual Income | |

|(Your Gross Salary) | |

|Monthly Debts | |

|(Car & School Loans)) | |

|Down Payment | |

|(MOST Savings you have been collecting – don’t use | |

|all of it) | |

At the top, Zillow has calculated what it thinks you can afford. Use this to determine your budget.

|Total | |Estimated Monthly Mortgage| |

|House Cost: | |Payment: | |

| | | | |

On to the house search!

We are going to restrict your search to NEW YORK STATE. Head over to or to begin your search. Enter the place you would like to live with a search radius of 25 miles.

Keep this number, total house cost, in mind and begin your search! Once you’ve decided on your “dream home” or even “starter home” record the necessary information on the next page.

Address: # and Street: _________________________

County: __________________ Town: __________________ Village/City: ______________

School District: __________________________

Property Cost: _____________

Details about the house:

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Calculating Your Monthly Mortgage Payment

Use the “Zillow Amortization Calculator” to calculate you’re your monthly payment



Say you ended up with an interest rate of 3.875% and to keep your current costs down, you take out a 30-year mortgage.

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This payment does not take into consideration property taxes or home owners insurance. We still need to add these to your Monthly Mortgage Payment.

Property Taxes

You will need to calculate property taxes for the home that you’ve just purchased as they will become a part of your monthly payments.

Property taxes vary by county, municipality, and school district. Go to to find the tax rate per $1000 on the home that you purchased. This dollar amount is located in the FULL VALUE TAX RATE column.

2015 Property Tax Rate Tables [xls] County ________________

Village/City _________________

Town _________________

2015: School Tax Rates School D. +________________

Total Full Value Rate = ________________

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Insurance

You need to have property insurance if you have a mortgage or loan on property you own. The table below shows Representative Annual Premiums from 5 different Insurance Agencies. Find the median value of these premiums – we’ll use this as the estimate for our property insurance cost.

|Insurance Agency |Annual Premium |

|Adirondack Ins. |$563 |

|Allstate Ins. |$614 |

|Great Northern Ins. |$952 |

|State Farm |$740 |

|Travco Ins. |$776 |

Median Annual Insurance Premium: _____________

Add your taxes & median insurance Premium: _____________

Divide by 12 to find your monthly payment: _____________

Add this amount to your mortgage payment:

This new value is the TOTAL cost of keeping a roof over your head each month. (

So what?

You have just spent a good amount of time looking at your future. No one really knows how your future will pan out, but it’s nice to see what you are in for in “the real world.” How has this project influenced you? Has it made you change your mind in any way? Has it made you more aware of the costs you will incur when you move out? Has it motivated you to think about saving for the future?

The last part of the project is to write a reflection on what you’ve learned throughout this project and how you will use what you’ve learned in the future. It must be at least one page, double spaced, 12pt New Times Roman Font, typed paper. You must use complete sentences and correct punctuation. It must be clear that you put some thought into writing your paper. And because it is short, it must be concise and be to the point.

You do not need to print your paper unless you choose to but, even if you print it please email a copy to __________________@schenectady.k12.ny.us If you use google docs and share the link please be sure click advanced and change access to Anyone with the link.

Use the bubbles below to jot a few ideas down and get your thoughts together on the one or two main things that this project did for you. What impacted you the most?

CCEL Guide

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Financial Applications Project Grading Rubric

(100 possible points)

| |10 Points |5 Points |0 Points |

|Job/Career Paths & College |Portion is completed appropriately. |Portion is partially completed. |Portion is not completed. Questions are |

| |Questions answered & math correct. Great|Questions semi-answered & math |not completed & math is completely |

| |work. |mistakes. Good work. |wrong. Poor work. |

|Purchasing/Leasing a Car |Portion is completed appropriately. |Portion is partially completed. |Portion is not completed. Questions are |

| |Questions answered & math correct. Great|Questions semi-answered & math |not completed & math is completely |

| |work. |mistakes. Good work. |wrong. Poor work. |

|Purchasing/Renting a House |Portion is completed appropriately. |Portion is partially completed. |Portion is not completed. Questions are |

| |Questions answered & math correct. Great|Questions semi-answered & math |not completed & math is completely |

| |work. |mistakes. Good work. |wrong. Poor work. |

|Reflection *2 |Reflection is well-written and |Reflection is adequate and demonstrates |Reflection is either not completed or |

| |demonstrates thoughtfulness. Writing is|some thoughtfulness. Writing is not |very poorly done. Writing is well below|

| |grade-level appropriate and reflects |quite at grade-level. |grade level and demonstrates very little|

| |clarity of thought. | |thoughtfulness. |

|Mathematics *2 |Math is correct & logical overall. |Math is partially correct & semi-logical|Math is completely wrong or missing. |

| | |overall. | |

|Ability to Answer Questions |Answers are thoughtful & insightful. |Answers are semi-thoughtful & |Answers are missing. There are no |

| |Students incorporated their own |insightful. Students’ opinions are |opinions. |

| |opinions. |lacking. | |

|Overall Appearance of Project *2 |Packet is completed fully with math work|Packet is semi-completed with minimal |Packet is hard to follow and |

| |shown & questions answered in complete |math work shown & a lack of complete |unorganized. Questions are left |

| |sentences. |sentences. |unanswered. |

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All your links are found at schenecta#%&01=>?@Zrvw‰Ž¢£¤øðàÐàŷů§œÅ?????qdXIA

hóPVOJQJhº$EhÛvÃCJ,OJQJaJ,hº$ECJ$OJQJaJ$hº$E5?CJ$OJQJaJ$hJ›hD/+5?CJ$OJQJaJ$hD/+hÛvÃCJ$OJQJaJ$hD/+CJ$OJQJaJ$hÛvÃhD/+OJQJ

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hÛvÃOJQJjhD/+U[pic]mHnHu[pic]hÛvÃhÛvÃOJQJdymath. under the College Bound tab in Financial Math Project

Monthly payment amount shown is calculated per $1,000 and is based on a 30 day month.

We all live in a county and have a school district we pay taxes to. Not everyone lives in a village/city or town and some people live in both.

Total Monthly Mortgage Expenses: __________________

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