ONE MILLION DOLLAR SPENDING PROJECT
Name:________________________________ Date:_______
ONE MILLION DOLLAR SPENDING PROJECT
Congratulations! You have just been given $1,000,000. If you do not spend it in the allotted time, you must return it. Please follow the rules below. As you complete each item, check it off on the list. Hand in this paper with your name on it so I can return it to you with a comment. This project is due on _October, 28th 2015. This will count as 50 points toward you math grade.
Happy spending,
Mr. Mann
Check off as completed
1. _____ Put $50,000 in a savings account
2. _____ Put $125,000 away for college
3. _____ Take your whole family on a vacation. Remember to include transportation, hotels, meals, and spending money
4. _____ Purchase a house but not over $400,000. Buy ONLY (1) ONE house no lot, no income property.
5. _____ Give money away to charity but not over $20,000 (You are not charity nor your relatives or pets)
6. _____ You will also need to get enough food to eat for a month.
7. _____ You may only purchase up to four of the big ticket items (over $2,000).
8. _____ Create and use a spreadsheet (Provided) to total up your expenses. Your spreadsheet must have each item you want to purchase along with the unit price. There must be a column showing your grand total. You are allowed to round the cost of each item but you need to have accurate prices. You are not allowed to make up the prices. Do not use bidding websites (Ebay) because they are not accurate prices.
9. _____ Present your project and discuss your expenses to the class.
10. _____ You will need to turn in a sheet showing all of your equations. You may add until you get to 1 million or subtract each item from 1 million. You must have at least 10 equations with labels next to each number (Just like the Batman activity)
Name _____________________________ Date turned in_________________________
YOU MUST SPEND THE WHOLE MILLION DOLLARS TO PASS. YOU WILL LOSE 1 POINT FOR EVERY $100 DOLLARS YOU DON’T SPEND. YOU MAY NOT GO OVER 1 MILLION. GOOD LUCK!!!!
WEBSITES
Grade 3 Million Dollar Project Resources: Some of these could help
Furniture (includes many links to children's furniture sites):
(house-finding site):
anderson-
CarSmart (automobile search site):
Computers
imac/
(vacation-planning site):
Other Websites:
Spread Sheet
|Item |Description |Price |Total Price |
|1 |Savings |$50,000 |$50,000 |
|2 | College |$75,000 |$125,000 |
|3 | | | |
|4 | | | |
|5 | | | |
|6 | | | |
|7 | | | |
|8 | | | |
|9 | | | |
|10 | | | |
|11 | | | |
|12 | | | |
|13 | | | |
|14 | | | |
|15 | | | |
|16 | | | |
|17 | | | |
|18 | | | |
|19 | | | |
|20 | | | |
|21 | | | |
|22 | | | |
|23 | | | |
|24 | | | |
|25 | | | |
|26 | | | |
|27 | | | |
|28 | | | |
|29 | | | |
|30 | | | |
If you need more spreadsheets, just let me know. Good Luck Millionaire!!
Scoring Rubric for 1,000,000 Project
Name:_EXAMPLE OF RUBRIC______________________
1. Presentation 0 10 15 18 20
2. Detailed Poster 0 10 15 18 20
3. Spreadsheet 0 10 15 18 20
4. Getting 1 Million 0 25
5. Following All Directions 0 5 10 12 15
Total: ___100 points possible
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