CHECKBOOK CHALLENGE
CHECKBOOK CHALLENGE
PART ONE: DUE FRIDAY, MAY 12
COMPLETED ASSIGNMENT WITH REFLECTION: DUE WEDNESDAY, MAY 17
I can solve real life math problems by completing a checkbook challenge for a month’s work of transactions that incorporates various math skills, vocabulary, utilizes a rubric and a written response that carefully explains how I completed task and an evaluation of challenges I encountered.
Task: You will complete a balance sheet and write checks for financial transactions. You will also write a written response to this assignment that incorporates all of the math vocabulary. In the written response, discuss the steps you used in completing the task. Discuss what was easy and challenging and anything that might have surprised you.
Required Skills:
Estimation
Addition, subtraction and multiplication of whole numbers
Writing numbers in words
Calculating the percent of a number rounding
Determining least and greatest
Place value
Vocabulary:
• Transaction: Exchange, the act of spending or earning money
• Debit: Money owed or spent
• Credit: Money earned or gained
• Balance: The total or difference after debit and credit transactions
• Balance sheet: A sheet that helps you keep records of financial transactions
• Sales tax: Tax added on the purchase price of items you buy (you will use a 5% sales tax for this assignment.
• Statement: A record that the bank sends you that shows all your transactions for one month.
• Check: a written order instructing a bank to pay out money to a person or business.
CHECKBOOK MATH RUBRIC:
|Criteria |4 |3 |2 |1 |
|Math Content |I carefully answered each|I mostly carefully |I could have more |There is no |
| |section, completed |answered each section, |carefully answered each |evidence of |
| |balance sheet, checks and|completed balance sheet, |section. I may not have |correct |
| |wrote a thorough response|checks and wrote a |completed balance sheet, |mathematical |
| |using math vocabulary. My|thorough response using |checks and my response |facts or |
| |algorithms are correct. |math vocabulary My work |was not thorough and may |procedures. I did not |
| |All the necessary steps |is almost |not have used math |carefully answer each |
| |are shown to solve the |perfect. A minor |vocabulary I was able to |section. I did not |
| |problem. Work is |error may be found |start |complete balance sheet, |
| |thorough. |in algorithms, |my work by major |checks and did not |
| | |chart, graph, etc |errors prevented |include a written |
| | |that does not effect |me from |response. |
| | |the results. |completing it . | |
|Problem Solving |A complete, |I was able to |My strategy was |Irrelevant |
| |efficient |decide on a |incomplete. I got started|information was |
| |understanding of |strategy and use relevant|but was not able to |used. An |
| |problem solving |information to |complete |inappropriate |
| |strategies is |complete the task. |the task. Some |strategy |
| |shown. Relevant | |relevant |prevented me |
| |information is | |information was used. |from solving the problem.|
| |used. | | | |
|Communication |My answer is |My answer is |My answer is |My answer does |
| |totally correct. I |mostly correct. I |incomplete but |not makes sense. I |
| |explained the |explained the |may contain some |could not solve or |
| |writing component |writing component |correct steps. Work |explain any of the |
| |in a clear- |in a mostly clear and |is unclear or hard |steps. Others |
| |complete way. |complete way. |to read. |could not read |
| |Many |Some mathematical | |what I wrote. |
| |mathematical |terms were used. | | |
| |terms were used. |Work is mostly neat and | | |
| |Work is neat and |attractive. | | |
| |attractive. | | | |
|Project |My project is well |My project shows |Some effort shown. I |My project shows |
| |developed, |effort and care. I |attempted to apply math |little or no effort. |
| |shows extreme |used math |concepts. I incorporated |I did not use |
| |care and effort. I used |concepts and |some math vocabulary & |appropriate math |
| |appropriate |vocabulary and |made some attempt to do |vocabulary. I |
| |math concepts and |applied them. My |investigative |could not apply |
| |vocabulary. |project shows |research. |any of the math |
| |I applied these in |investigative | |concepts. I did |
| |an interesting- creative |research. | |not show any |
| |way. I show | | |investigative |
| |challenging and | | |research. |
| |investigative | | | |
| |research. | | | |
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