Standard 4: Describe the advantages and disadvantages of financial and investment plans, including insurances.

General Information
Number: MA.912.FL.4
Title: Describe the advantages and disadvantages of financial and investment plans, including insurances.
Type: Standard
Subject: Mathematics (B.E.S.T.)
Grade: 912
Strand: Financial Literacy

Related Benchmarks

This cluster includes the following benchmarks.

Related Access Points

This cluster includes the following access points.

Access Points

MA.912.FL.4.AP.1
Compare various options, deductibles and fees for various types of individual insurance policies, such as medical, car and/or homeowners’ insurance.
MA.912.FL.4.AP.2
Compare the risk of utilizing or not utilizing a one-time warranty.
MA.912.FL.4.AP.3
List the advantages and disadvantages of having a retirement savings plan.
MA.912.FL.4.AP.4
Select a retirement savings plan to meet a given personal financial goal.
MA.912.FL.4.AP.5
List an advantage of diversifying investments.
MA.912.FL.4.AP.6
Simulate the buying and selling of a single stock and identify its worth over time.

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Lesson Plan

Select a Healthcare Plan:

Students are asked to determine a procedure for ranking healthcare plans based on their assumptions and the cost of each plan given as a function. Then, they are asked to revise their ranking based on a new set of data.

Type: Lesson Plan

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