Mathematics of Finance

MAMF: Mathematics of Finance

MAMF.A: Process Skills

MAMF.B: Numbers and Operations

MAMF.C: Geometry

MAMF.E: Algebra

MAMF.F: Data Analysis and Probability

MAMF.A.1: use appropriate technology to solve mathematical problems

MAMF.A.2: build new mathematical knowledge through problem-solving

MAMF.A.3: solve problems that arise in mathematics and in other areas

MAMF.A.4: apply and adapt a variety of appropriate strategies to solve problems

MAMF.A.5: monitor and reflect on the process of mathematical problem-solving

MAMF.A.6: recognize reasoning and proof (evidence) as fundamental aspects of mathematics

MAMF.A.7: make and investigate mathematical conjectures

MAMF.A.8: investigate, develop, and evaluate mathematical arguments and proofs

MAMF.A.9: select and use various types of reasoning and methods of proof

MAMF.A.10: organize and consolidate mathematics thinking

MAMF.A.11: communicate mathematical thinking coherently to peers, teachers, and others

MAMF.A.12: analyze and evaluate the mathematical thinking and strategies of others

MAMF.A.13: use the terminology and language of mathematics to express mathematical ideas precisely

MAMF.A.14: recognize and use connections among mathematical ideas

MAMF.A.15: explain how mathematical ideas interconnect and build on one another to produce a coherent whole

MAMF.A.16: recognize and apply mathematics in contexts outside of mathematics

MAMF.A.17: create and use pictures, manipulatives, models, and symbols to organize, record, and communicate mathematical ideas

MAMF.A.18: select, apply, and translate among mathematical representations to solve problems

MAMF.A.19: use representations to model and interpret physical, social, and mathematical phenomena

MAMF.B.20: use fractions, percents, and ratios to solve problems related to stock transactions, credit cards, taxes, budgets, automobile purchases, fuel economy, Social Security, Medicare, retirement planning, checking and saving accounts, and other related finance applications

MAMF.B.21: apply percent increase and decrease, ratios, and proportions

MAMF.C.22: apply the concepts of area, volume, scale factors, and scale drawings to planning for housing

MAMF.C.23: apply the distance formula to trip planning

MAMF.C.24: apply the properties of angles and segments in circles to accident investigation data

MAMF.E.25: use basic functions to solve and model problems related to stock transactions, banking and credit, employment and taxes, rent and mortgages, retirement planning, and other related finance applications

MAMF.E.26: apply linear, quadratic, and cubic functions

MAMF.E.27: apply rational and square root functions

MAMF.E.28: apply greatest integer and piecewise functions

MAMF.E.29: apply exponential and logarithmic functions

MAMF.E.30: understand domain and range when limited to a financial problem situation

MAMF.E.31: apply limits as end behavior of modeling functions

MAMF.E.32: evaluate investments in banking and retirement planning using simple and compound interest, and future and present value formulas

MAMF.E.33: represent data and solve banking and retirement planning problems using matrices

MAMF.F.34: investigate data found in the stock market, retirement planning, transportation, budgeting, and home rental or ownership using measures of central tendency

MAMF.F.35: recognize and interpret trends related to the stock market, retirement planning, insurance, car purchasing, and home rental or ownership using data displays including bar graphs, line graphs, stock bar charts, candlestick charts, box-and-whisker plots, stem and leaf plots, circle graphs, and scatter plots

MAMF.F.36: use linear, quadratic, and cubic regressions as well as the correlation coefficient to evaluate supply and demand, revenue, profit, and other financial problem situations

MAMF.F.37: use probability, the Monte Carlo method, and expected value model and predict outcomes related to the stock market, retirement planning, insurance, and investing

MAMF.F.38: draw conclusions about applied problems using decision theory