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Learning how a bank account works is a useful tool. The exercise in the resource is to deduct rent from a checking account and create an equation from a description. Participants then graph the balance of the bank account versus months of rent. Have your critical thinkers focus on the solution given in the first step. Where do they find it on the graph? How much was deducted in order to reach this balance? How many more months of rent could be paid before being overdrawn?
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Pros
- A good algebra model
- Looks at a linear equation from the stand point of a solution
Cons
- Questions needed to extend critical thinking of learners