Assessment rubric (cont) Skill Relevant content Relevant activities Competent Developing at level Needs further Notes description(s) and worksheets development The student can Substitute values into Activity 4 The student substitutes The student The student requires substitute values of P, formulas to determine Worksheets 5 and 6 values of P, r and n substitutes values of P, teacher guidance to r and n in applications an unknown correctly in the formulas r and n in the formulas substitute values of P, of the compound for inflation and for inflation and and correctly in the r n interest formula depreciation to depreciation to formulas for inflation calculate all answers calculate answers. and depreciation in correctly Occasional errors are order to calculate an corrected with little or answer no assistance The student can Investigate and Activity 2 The student accurately The student interprets The student attempts investigate and describe the is Worksheet 1 interprets generated generated tables and to interpret generated describe a relationship time tables and graphs to graphs to give some tables and graphs, but between variables clearly explain how/why explanation of an explanation of the amount of how/why the amount of how/why the amount of compound interest compound interest compound interest changes over time changes over time changes over time is unclear The student can Suggested Summative Activity 6 Part 1 Part 1 Part 1 explain how the five assessment Worksheet 9 (includes The student adds at The student adds The student adds one financial topics assessment criteria) least three relevant questions related to or two questions ACMNA229 covered in this unit can questions related to each or most of the related to some of the ACMNA234 influence financial each of the five topics five topics to list, five topics to list ACMSP252 planning to their list but not all questions Part 2 may be relevant Part 2 The student chooses a The student describes Part 2 scenario, but the a realistic scenario The student describes relevance of financial where financial a scenario where planning is not clear. planning is relevant. financial planning is The student attempts The student addresses relevant. The student to address a few of the each of the five addresses most of the five financial topics financial five financial topics and some
Assessment rubric (cont) Skill Relevant content description(s) Relevant activities and worksheets Competent Developing at level Needs further development Notes The student can substitute values of P, r and n in applications of the compound interest formula Substitute values into formulas to determine an unknown Activity 4 Worksheets 5 and 6 The student substitutes values of P, r and n correctly in the formulas for inflation and depreciation to calculate all answers correctly The student substitutes values of P, r and n in the formulas for inflation and depreciation to calculate answers. Occasional errors are corrected with little or no assistance The student requires teacher guidance to substitute values of P, r and n correctly in the formulas for inflation and depreciation in order to calculate an answer The student can investigate and describe a relationship between variables Investigate and describe the is time Activity 2 Worksheet 1 The student accurately interprets generated tables and graphs to clearly explain how/why the amount of compound interest changes over time The student interprets generated tables and graphs to give some explanation of how/why the amount of compound interest changes over time The student attempts to interpret generated tables and graphs, but an explanation of how/why the amount of compound interest changes over time is unclear The student can explain how the five financial topics covered in this unit can influence financial planning Suggested Summative assessment ACMNA229 ACMNA234 ACMSP252 Activity 6 Worksheet 9 (includes assessment criteria) Part 1 The student adds at least three relevant questions related to each of the five topics to their list Part 2 The student describes a realistic scenario where financial planning is relevant. The student addresses each of the five financial Part 1 The student adds questions related to each or most of the five topics to list, but not all questions may be relevant Part 2 The student describes a scenario where financial planning is relevant. The student addresses most of the five financial topics and some Part 1 The student adds one or two questions related to some of the five topics to list Part 2 The student chooses a scenario, but the relevance of financial planning is not clear. The student attempts to address a few of the five financial topics
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