TEKS: Chapter 111. Mathematics See All Teacher Resources

111.43.c.4

(4) Mathematical modeling in personal finance. The student uses mathematical processes with algebraic formulas, numerical techniques, and graphs to solve problems related to financial planning. The student is expected to:

• (A) analyze and compare coverage options and rates in insurance;

• (B) investigate and compare investment options, including stocks, bonds, annuities, certificates of deposit, and retirement plans; and

• (C) analyze types of savings options involving simple and compound interest and compare relative advantages of these options.