2.5 Graphing Linear Equations
By Jennifer Pariseau
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Last updated about 1 year ago
32 Questions
Note from the author:
OBJECTIVES & STANDARDS
Math Objectives
- Graph a linear equation using slope-intercept form
- Make connections between sign and size of slope and the graph
Common Core Math Standards
- Link to all CCSS Math
- CCSS.PRACTICE.MP4
- CCSS.PRACTICE.MP7
- CCSS.HSF.IF.B.4
- CCSS.HSF.IF.B.5
Personal Finance Objective
- Apply linear equations to real-world wage scenarios
National Standards for Personal Financial Education
Earning Income
- 4b: Explain why wages or salaries vary among employees in different types of jobs and among workers in the same jobs
- 5a: Discuss how economic and labor market conditions can affect income, career opportunities, and employment status
DISTRIBUTION & PLANNING
Distribute to students
- Student Activity Packet
- Application Problems
- Salary Cards (see Application Key for directions
OBJECTIVES & STANDARDS
Math Objectives
- Graph a linear equation using slope-intercept form
- Make connections between sign and size of slope and the graph
Common Core Math Standards
- Link to all CCSS Math
- CCSS.PRACTICE.MP4
- CCSS.PRACTICE.MP7
- CCSS.HSF.IF.B.4
- CCSS.HSF.IF.B.5
Personal Finance Objective
- Apply linear equations to real-world wage scenarios
National Standards for Personal Financial Education
Earning Income
- 4b: Explain why wages or salaries vary among employees in different types of jobs and among workers in the same jobs
- 5a: Discuss how economic and labor market conditions can affect income, career opportunities, and employment status
DISTRIBUTION & PLANNING
Distribute to students
- Student Activity Packet
- Application Problems
- Salary Cards (see Application Key for directions
Intro (Warm-Up)
COMPARE: ATM Fees
Many banks charge for out of network ATM use. Out of network ATMs are ones provided by someone other than your bank. While you’re away at college, you will have to rely on these out of network ATMs if your local bank does not have a branch near your school.
Compare the following checking account fee structures.
Learn It
EXAMPLE: Graphing Linear Equations Using Slope-Intercept Form (Video Walkthrough)
- Review the example completed problem below. You can see it modeled here
Application Problems
Comparing Compensation
Congratulations on being hired! Please flip over your wage card to see how much you’ll be making at your new job. On your first day, you’re discussing your compensation with the other new hires in your group.
Part 1: Equations
- Write an equation that represents each team member’s compensation. Your equation should represent a relationship between hours worked (x) and total pay (y). Please put the equation for each team member in the boxes below.
Team Member 1
Team Member 2
Team Member 3
- Using the equations that you wrote, who do you think got the best compensation deal?
- What does the slope represent in each equation?
- What does the y-intercept represent in each equation?
Application Level 2
Part 1: Minimum Wage
Minimum wage is the lowest hourly wage that an employer can pay you. Each state sets its own minimum wage but that wage must be at least $7.25 per hour, which is the national minimum wage set by the federal government.
Application Level 3 *Bonus, not required*
A Living Wage
- Visit MIT Living Wage Calculator
- Click your state
- Click your county
Consider each of the households living in your county.
- Family 1: A married couple with one child: Due to the high cost of childcare, one parent stays home to care for the child while the other works 40 hours per week making $18 per hour. They also receive a monthly stipend of $50 to cover work related expenses.
- Family 2: A married couple with two children who are in school. Both adults are working 40 hours per week with one making $16 per hour while the other makes minimum wage. One of these workers pays $25 per month in union dues.
- Family 3: A fulltime student who only has the time to work 20 hours per week making $2 more than the minimum wage. They have a gerbil as a pet.