Beginning

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Beginning
Simpson kids need a college fund!
We need your help!
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Home
Introduction Task Process/Roles
Resources Evaluation Conclusion
In-charge
Advisor
Planner
TEKS
Presenter
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Introduction
Homer has just spent the jar of coins for Barts,
Lisas and Maggies college education.
This was the last straw for Marge. She has been
advised by Ned that she needs to create a college
fund.
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TASK
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Task

• Determine the income and monthly budget for the
  Simpsons.
• Determine the ages of the Simpson children and
  the number of years before they enter College.
• Determine the cost of college education with room
  and board and other living expenses.
• Determine the amount of savings on a monthly
  basis needed to send the Simpson children to
  school.

PROCESS/ROLES
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Principal Skinner Man in Charge

• You lead the discussions to finish the task.
  Your group must
• Choose one school of each (public in-state
  public out-state and private) for the children
• Assign the schools for each child.
• Determine the number of years available to save
  for each child
• Answer the summary questions

RESOURCES
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Ned the College Advisor

• As a concerned neighbor you must guide the
  children in their college education. You must
  determine the college cost for
• Private, public and out of state
• Tuition, room and board, fees
• Transportation
• Other

RESOURCES
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Mr. Smithers the Financial Planner

• You must use your experience from helping Mr.
  Burns on his finances with a multi-billion dollar
  corporation to determine the
• Monthly budget and income for the Simpsons
• Adjust the monthly budget to include a college
  savings plan

RESOURCES
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Apu the Presenter

• You will use your skills of managing a small
  business to present to the Simpsons a
  comprehensive plan to pay for their childrens
  college.
• You will do this with a PowerPoint presentation.

RESOURCES
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Resources for the Man In-charge

• Examples of Schools
• Public
• Private
• Public (out of State)

• For background on Simpson children click on their
  picture

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CONTINUED
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In-charge
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Summary Questions

• Do you see much difference in cost in the various
  types of college? Why?
• What assumptions did you need to make to finish
  the project?
• What advice would you give parents who want their
  children to go to college?
• What Math skills were required to finish this
  project?

In-charge
Presenter
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Resource for College Advisor

• Cost of Colleges
• (click icon for information)

Any college search
COLLEGE COST WORKSHEET
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Advisor
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College Cost Worksheet

• One full tuition scholarship can be applied to
  one student

COST OF COLLEGE
BUDGET WORKSHEET
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Advisor
Planner
Presenter
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Resource for Financial Planner

• Determine Homers salary as a safety engineer
  (use 25th percentile) in salary.com.
• Create a budget for the Simpsons based on the
  budget in personal budget.
• Use the college cost and the budget worksheet.

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Planner
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Budget Worksheet
Presenter
Planner

• Homers salary increases 5 per year
• College costs go up 8 per year
• Rate of Return on College savings is 10

• Housing is a fixed cost Healthcare and taxes
  percentage cant be reduced
• Use logs and exponentials to calculate the money
  needed.

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Resource for Presenter

• The following need to be included in the
  PowerPoint presentation
• Budget Sheet
• College Expenses
• Calculations
• Assumptions and Observations
• Summary Questions

Presenter
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Rubrics
Rubrics for Evaluation
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Rubric Worksheet
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Everybody Gather
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Congratulations!!!
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Hope
You have provided hope to Bart, Lisa and maggie.
They will now have an education provided for
them. That is if bart can get out of fourth
grade.
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Darkness
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Light
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Final
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Waiting on approval from Fox Network
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TEKS
111.33. Algebra II Exponential and logarithmic
functions knowledge and skills and performance
descriptions. F. The student formulates
equations and inequalities based on exponential
and logarithmic functions, uses a variety of
methods to solve them, and analyzes the solutions
in terms of the situation. (4) The student solves
exponential and logarithmic equations and
inequalities using graphs, tables, and algebraic
methods. (5) The student analyzes a situation
modeled by an exponential function, formulates an
equation or inequality, and solves the problem.
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