Mr. Izzo
Mt. Sinai High School
Mathematics Department

email Mr. Izzo: Click Here

Financial Math 2018-19

 

Classes:
Algebra
Financial Math
Ca
lculus

Extra Help
PowerSchool

 

 

   

Financial Math 2018-19

Week 31
Date Day Topic Notes Handouts Homework
4/15 Mon Movie -
Wall Street - Day 2
     
4/16 Tues Movie -
Wall Street - Day 3
     
4/17 Wed Movie -
Wall Street - Day 4
     
4/18 Thurs No School  -
Spring Break
     
4/19 Fri No School  -
Spring Break
     

Week 30
Date Day Topic Notes Handouts Homework
4/8 Mon Filling out an entire 1040 form including a Schedule A.   1040 Form

1040 Directions (Tax Table on Begins on Page 67)

Schedule A Form
 
4/9 Tues Filling out an entire 1040 form including a Schedule A - Day 2   1040 Form

1040 Directions (Tax Table on Begins on Page 67)

Schedule A Form
 
4/10 Wed Review for Quiz   Review Sheet  
4/11 Thurs Quiz- Federal Tax Filing      
4/12 Fri Movie -
Wall Street - Day 1
     

Week 29
Date Day Topic Notes Handouts Homework
4/1 Mon Continue 1040 EZ Tax Tables W2 3rd example 1040 Form

1040 Directions (Tax Table on Begins on Page 67)
Finish W2 example #3
4/2 Tues Continue 1040 EZ Tax Tables W2 4th example 1040 Form

1040 Directions (Tax Table on Begins on Page 67)
Finish W2 example #3
4/3 Wed Introduce Difference Between Itemized and Standard Deductions Itemized - Schedule A Power Point    
4/4 Thurs Mr. Izzo - Absent      
4/5 Fri Determining if someone should itemize their deductions or not

Married Couple Total Income is $190,000
Medical Expenses this year: $2,500
State Income tax paid this year: $14,500
Real Estate Taxes Paid this year: $11,500
Home Mortgage Interest Paid this year: $18,375
Charitable Gifts: $1,200
No casualty, theft, or disaster losses.

Schedule A Form  

Week 28
Date Day Topic Notes Handouts Homework
3/25 Mon Review for Buying a Home Quiz  
Review Sheet for Quiz

Study!!
3/26 Tues Quiz - Buying a Home    
3/27 Wed Tax Time - Introduction - Financial aspects of changing your W-4 form W-2 Power Point  
3/28 Thurs Copies not ready      
3/29 Fri Continue 1040 EZ Form John Smith's W-2

1040EZ Form


1040 EZ Directions (Tax Table on Begins on Page 30)
   

Week 27
Date Day Topic Notes Handouts Homework
3/18 Mon Stock Market Contest Winner Celebration      
3/19 Tues Mr. Izzo - dental emergency      
3/20 Wed Shaving 7 years off of a 30 year mortgage   23 Year Mortgage Payment Plan  
3/21 Thurs Home Maintenance and unexpected costs   Home Maintenance Worksheet Finish Worksheet
3/22 Fri Also Continue Mortgage Monthly Payments   Creating a Monthly Home Budget  

Week 26
Date Day Topic Notes Handouts Homework
3/11 Mon Comparing 30 year vs. 15 year mortgages on same house Spreadsheet    
3/12 Tues Mathematics of Senior Trip      
3/13 Wed Senior Trip      
3/14 Thurs Senior Trip      
3/15 Fri Superintendent's Conference Day -
No School for Students
     

Week 25
Date Day Topic Notes Handouts Homework
3/4 Mon Begin Renting vs. Buying - Home Scenarios http://www.mlsli.com MLSLI Worksheet  
3/5 Tues Introduce Mortgage Comparisons Buying a Home PowerPoint    
3/6 Wed Finish Mortgage Power Point Buying a Home PowerPoint How Much House Can you Afford?  
3/7 Thurs Mortgage Group Assignment Mortgage Payment Packet  
3/8 Fri Go over Mortgage Packet - Comparing LI to NC Mortgage Payment Packet  

Week 24
Date Day Topic Notes Handouts Homework
2/25 Mon Research Day for Car Negotiations:
MSRP, Invoice, Holdback. Prepare 3 offers
  Car Negotiation Prep Sheet  
2/26 Tues Car Negotiation vs. Dealer Simulation Day 1      
2/27 Wed Car Negotiation vs. Dealer Simulation Day 2      
2/28 Thurs Review for Buying a Car Quiz   Buying a Car Quiz Review  
3/1 Fri Quiz - Buying a Car      

Week 23
Date Day Topic Notes Handouts Homework
2/11 Mon Begin Car Dealer Negotiation Simulation - Mr. Izzo absent - read the packet   Negotiating Packet  
2/12 Tues No Class -
Snow Day
     
2/13 Wed Car Dealer Simulation Intro: notes for holdback, etc Negotiating at the Car Dealer    
2/14 Thurs Car Negotiation cont'd   Car Negotiation Worksheet 1  
2/15 Fri Research Day for Car Negotiations:
MSRP, Invoice, Holdback. Prepare 3 offers
   

Week 22
Date Day Topic Notes Handouts Homework
2/4 Mon Car Loan Comparisons
  Car Loan Comparison Worksheet 3  
2/5 Tues Car Loan Comparisons
  Car Loan Comparison Worksheet 4
2/6 Wed How a Car Trade-In Works   Car Trade-In Worksheet #1  
2/7 Thurs Trading in a Car and the tax benefits   Trade-In Tax Savings  
2/8 Fri Car Loans - Combining Everything you know into an actual car purchase   Car Loan Wrap-Up

Week 21
Date Day Topic Notes Handouts Homework
1/28 Mon Review for Student Loans Quiz Review Sheet Study!
1/29 Tues Quiz - Student Loans
1/30 Wed Buying a Car - Day 1 List all particular option packages of the car you are planning to purchase
1/31 Thurs Buying a Car - Loans - Day 1   Car Loan Worksheet 1  
2/1 Fri Buying a Car - Comparing Car Loans Car Loan Comparison Worksheet

Week 20
Date Day Topic Notes Handouts Homework
1/21 Mon No School -
Martin Luther King Day
   
1/22 Tues Paying off Student Loans Student Loan Payoff PowerPoint  
1/23 Wed Continue Student Loans Amount Owed Calculation   Student Loan Worksheet 2  
1/24 Thurs Minimizing the Impact of Student Loans - Consolidation Consolidation PowerPoint    
1/25 Fri Last chance catch up day - 2nd Quarter      

Week 19
Date Day Topic Notes Handouts Homework
1/14 Mon Credit Card Access Checks Access Check Image Access Check Article 1

Access Check - Article 2

Access Check Worksheet
Finish Access Check Worksheet
1/15 Tues Review for Credit Cards Quiz   Credit Card Review Packet

Credit Card Assignment #4 (Extra Review)
Study! 
1/16 Wed Quiz - Credit Cards      
1/17 Thurs Introduction to Student Loans Student Loan Intro Power Point    
1/18 Fri Calculate Student Loans - Amount Owed Student Loan Intro Power Point Student Loan Worksheet 1  

Week 18
Date Day Topic Notes Handouts Homework
1/7 Mon Making Credit Cards Work for You - Discussion on Bank Interest and Reward $   Interest Paid Worksheet

 
1/8 Tues Continue Credit Card Rewards Scenario   Credit Card Rewards Worksheet  
1/9 Wed Understanding Your Credit Score Credit Score Power Point Credit Score Worksheet 1  
1/10 Thurs Continue Credit Score Credit Score Power Point Credit Score Worksheet 1

Credit Score Worksheet 2
 
1/11 Fri Begin Balance Transfers Balance Transfer Article Balance Transfer Worksheet Finish Balance Transfer Worksheet

Week 17
Date Day Topic Notes Handouts Homework
12/31 Mon No School -
Holiday Break
     
1/1 Tues No School -
Holiday Break
     
1/2 Wed Intro to Credit Cards - The danger of the minimum payment Power Point Credit Card Monthly Payment Schedule  
1/3 Thurs Paying off a credit card:

Making a medium-sized payment vs. full payment
Power Point Credit Card Monthly Payment Schedule  
1/4 Fri Continue Medium Sized Credit Card Payments

Making Credit Cards Work for You - Discussion on Bank Interest and Reward $
  Credit Card Assignment 2  

Week 16
Date Day Topic Notes Handouts Homework
12/17 Mon Wages and Other Monetary Values - Inflation over the years Inflation Calculator

CPI Index - Yearly
Inflation Assignment 1  
12/18 Tues Continue Inflation   Inflation Assignment 2  
12/19 Wed Monthly Budgeting Using all Ratio Constraints   Savings % Worksheet 2

Savings % Worksheet 3

Constraint Worksheet
Finish all Worksheets
12/20 Thurs Review for Inflation and Savings Quiz   Inflation Review Sheet Study for Quiz!
12/21 Fri Quiz - Inflation and Savings      

Week 15
Date Day Topic Notes Handouts Homework
12/10 Mon Review For Budgeting Quiz   Budgeting Quiz Review  
12/11 Tues Quiz - Budgeting      
12/12 Wed Class discussion on Consumer Price Index CPI Power Point    
12/13 Thurs Introduction to Inflation   Introduction to Inflation Packet  
12/14 Fri Mr. Izzo - Instructional Rounds Comsewogue      

Week 14
Date Day Topic Notes Handouts Homework
12/3 Mon Creating your own Monthly Budget Monthly Budget Mini Project Guidelines Monthly Budget Worksheet 2 Finish Monthly Budget Mini-Worksheet
12/4 Tues Finish Monthly Budget Mini Project-

Using Savings ratios and Debt-to-Income ratios
  Monthly Budget Spreadsheet  
12/5 Wed  Introduce Debt-To-Equity Ratios Debt-To-Equity Power Point    
12/6 Thurs Debt-To-Equity Ratios Debt-To-Equity Power Point Debt-To-Equity Worksheet 1  
12/7 Fri Debt-To Equity Ratios   Debt-To-Equity Worksheet 2

Week 13
Date Day Topic Notes Handouts Homework
11/26 Mon Debt-To-Income Ratio Introduction DTI Power Point

 
11/27 Tues Debt-To-Income Ratio Introduction DTI Power Point
DTI Assignment 1
 
11/28 Wed Debt-To-Income Ratio Day 2 DTI Power Point DTI Assignment 2 Finish DTI Assignment 2
11/29 Thurs Continue Debt-To-Income Ratio   DTI Assignment 3 Finish DTI Assignment 3
11/30 Fri Monthly Budgeting - Day 1, Rent as a percentage of income   Monthly Budget Worksheet 1

Week 12
Date Day Topic Notes Handouts Homework
11/19 Mon Wrap-Up Getting Around Unit - Design your own trip      
11/20 Tues Finish 30 point assignment - Design your own trip      
11/21 Wed No School -
Happy Thanksgiving
     
11/22 Thurs No School -
Happy Thanksgiving
     
11/23 Fri No School -
Happy Thanksgiving
     

Week 11
Date Day Topic Notes Handouts Homework
11/12 Mon No School - Veterans Day      
11/13 Tues Trip to Washington D.C. Use a personal internet device to price out flight/Amtrak/car   Trip to DC  
11/14 Wed Getting- Around:
Trip to Florida
  Trip to Florida  
11/15 Thurs Review for Getting Around Quiz   Review Sheet  
11/16 Fri Quiz - Getting Around/ Travel Unit      

Week 10
Date Day Topic Notes Handouts Homework
11/5 Mon Financial Math Field Trip to Wall Street      
11/6 Tues No Students -
Election Day
     
11/7 Wed Recap Field Trip Field Trip Recap Power Point    
11/8 Thurs Getting- Around:
Trip to Boston
  Trip to Boston  
11/9 Fri Getting- Around:
Trip to Boston

Do second half of worksheet for when only one person is traveling
  Trip to Boston  

Week 9
Date Day Topic Notes Handouts Homework
10/29 Mon Review for Stock Market/Investment Quiz   Review Sheet  
10/30 Tues Quiz - Stock Market Investment      
10/31 Wed East River Crossings Diagram East River crossings Diagram  
11/1 Thurs Getting- Around:
Trip to NYC
  Trip to NYC  
11/2 Fri Go over NYC Worksheet
and
Finish Planning Wall Street Field Trip
    Wall Street Field Trip is Monday 11/5 !!!!

Week 8
Date Day Topic Notes Handouts Homework
10/22 Mon Continue Comparing Stocks within the Same Industry

Work in groups researching
Ways to Pick Stock Stock Comparison Worksheet Group Presentations tomorrow - Stock research and recommendations
10/23 Tues Group presentations - Stock research and Recommendations

Class vote on stock purchase.

Actual Stock Purchase!!
Ways to Pick Stock Stock Comparison Worksheet  
10/24 Wed Calculating Capital Gains Taxes Capital Gains Power Point Capital Gains Sheet 1 Finish sheet
10/25 Thurs Continue Calculating Capital Gains   Capital Gains Sheet 3 Finish Sheet
10/26 Fri Begin Stock Market Game   Portfolio Start  

Week 7
Date Day Topic Notes Handouts Homework
10/15 Mon Finish Investing Quiz
or
1st Quarter Catch-up Day
     
10/16 Tues Investment Unit - Part II
Types of Investments
Types of Investments Power Point   None
10/17 Wed Introduction to Purchasing Stocks on a common exchange (NYSE/NASDAQ) Stock Intro Power Point    
10/18 Thurs Stock Fundamentals Ways to Pick Stock Stock Fundamental Worksheet  
10/19 Fri Comparing Stocks within the Same Industry Ways to Pick Stock Stock Comparison Worksheet Stock Comparison Worksheet #s 1 and 2

Week 6
Date Day Topic Notes Handouts Homework
10/8 Mon No School -
Columbus Day
     
10/9 Tues Investment Roller Coaster Scenarios 3, 4, 5   Investment Roller Coaster Finish Worksheet if necessary
10/10 Wed No Class -
PSAT Day / Freshmen Field Trip
     
10/11 Thurs Review for Investment Quiz   Investment Review Packet

Review Packet Page 3
Study for Quiz!
10/12 Fri Quiz - Investing      

Week 5
Date Day Topic Notes Handouts Homework
10/1 Mon Investment:
Get rich slowly
Compound Interest Investment Notes     
10/2 Tues Investment:
Get rich slowly
Compound Interest Investment Notes  40 Year Investment Worksheet Finish Investment out to 41 years (age 62)
10/3 Wed Dow Jones Industrial Average - Behavior over the past 5 years Compound Interest Power Point    
10/4 Thurs Investment:
Roller Coaster Scenarios 1 + 2
PowerPoint  Investment Worksheet Finish Worksheet if necessary
10/5 Fri Investments - Day 2   Investment Class Work Day 2 Finish Worksheet if necessary

Week 4
Date Day Topic Notes Handouts Homework
9/24 Mon Continue New York State Tax Withholding New York State Withholding Tables NY State Tax Worksheet 2 Finish NY State Tax Worksheet 2
9/25 Tues True Cost of Health Insurance   True Cost of Health Insurance Packet Health Insurance Packet Due Friday 9/28
9/26 Wed Go over NY State Tax Day 2 and Have time to work on Health Insurance Packet   True Cost of Health Insurance Packet Health Insurance Packet Due Friday 9/28
9/27 Thurs Review for Payroll Quiz   Review Sheet for Payroll Quiz Quiz Tomorrow
Make Index Card
9/28 Fri Quiz - Payroll

When finished Work on Payroll Project
Paycheck Project Packet Payroll Project Due Monday


Week 3
Date Day Topic Notes Handouts Homework
9/17 Mon Federal Withholding Tax Tables  - Day 2 Federal Withholding Tables
(Go to Page 45)
Federal Withholding Worksheet 2 Finish Federal Withholding Worksheet 2
9/18 Tues Mr. Izzo Absent-
Practice Federal Off the Charts Calculation method
Federal Tax Practice (off the Charts)    
9/19 Wed No School -
Yom Kippur
     
9/20 Thurs Begin New York State Tax Withholding - Example on Board (Donor States vs. Welfare States). New York State Withholding Tables
 
9/21 Fri New York State Tax Withholding New York State Withholding Tables NY State Tax Worksheet 1
 

Week
2
Date Day Topic Notes Handouts Homework
9/10 Mon No School -
Rosh Hashana
     
9/11 Tues No School -
Rosh Hashana
 
9/12 Wed FICA Day 3 - Gross Pay and deductions including Medicare Tax FICA Notes

FICA Article

Payroll Check Example

Medicare and SS Tax Worksheet 2   Finish Medicare and Social Security Tax Worksheet 2   
9/13 Thurs Introduce Federal Tax Brackets Federal Tax Bracket Power Point Notes    
9/14 Fri Federal Withholding Tax Tables  - Day 1 Federal Withholding Tables
(Go to Page 45)
Federal Withholding Worksheet 1 Finish Federal Withholding Worksheet 1

Week 1
Date Day Topic Notes Handouts Homework
9/3 Mon No School - Labor Day      
9/4 Tues No Students -
Superintendent Conference Day
9/5 Wed Intro to Class Course Syllabus

Parent HW Letter
1) Get 5 Subject Notebook 
2) Get Folder With Pockets
3) Print Out Parent Letter and Have Signed
9/6 Thurs Introduction to FICA and Medicare taxes. Who pays them, what are they used for? FICA Notes

Payroll Check Example

 

  Read this:
Social Security Article
9/7 Fri FICA Day 2 - Beginning to calculate gross pay and FICA deductions FICA Notes

FICA Article

Payroll Check Example

Social Security Tax Worksheet

 

Finish Social Security Tax Worksheet 1  

Bring in Paystub