6270 Barker Cypress Rd, Houston, Harris County, TX 77084

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1 6270 Barker Cypress Rd, Houston, Harris County, TX COMMUNICATION Dear Parents/Guardians and Students; HSD is a STEM School, due to this recognition students are required to complete a PBL assignment over the summer. This assignment is to give you the opportunity to be creative and have fun while learning. Your PBL Assignments are listed on the WEB as announced at the assembly on May 26, These PBL s include Math, Reading, Social Studies, and Science. Please remember that these assignments are a major grade and are due on the first week of school for school year. *** Exemptions: If you are taking 2 or more AP classes with summer assignment, you will be exempt from the summer PBL Sincerely, Jennifer Clayton STEM Coordinator jclayton@harmonytx.org

2 So you Want to be a Millionaire Project What Luck... Your very wealthy, crazy uncle, Richie Rich, just left you one million dollars. But wait, that is not the best part, he also left one million dollars to you. As luck would have it, there are stipulations to spending this money. If it is spent correctly, your very rich uncle will give you an additional TEN Million dollars! Only a select few will actually be clever enough to spend the entire amount EXACTLY as directed. Continue reading to find out the guidelines on how to spend your Millions if you dare!

3 Spending Guidelines The following guidelines must be followed. 1. You must place at least $25,000 in a savings account and you must determine how much interest you will have earned by the time you are 18 years old. You must first find the bank that will give you the best interest rate. (Make sure you record the name of the bank, the type of account and the interest rate. You might want to take a screen shot of the web page for your records.) Once you know the interest rate, you can use a simple interest calculator to determine how much interest you will earn by the time you are You must save enough money for four years of college. You will need to do some research to determine how much you will need to save. First, determine what college you might be interested in attending. Then, look at that college s website to determine how much it will cost. Most websites will list the estimated annual cost for attending for a year. The cost usually includes tuition, room, board, books and other expenses. Don t forget, you need to save enough for four years. Screen shot the web page or record the website for your reference page. 3. You must purchase a house, but you may not spend more than $300,000. You may only purchase one house and you may not purchase a lot or income property. Make sure you record the address of the house as well as information about the house (number of bedrooms and bathrooms, address, etc.) Be sure to include a picture of the home in your scrapbook. 4. You must give money to a recognized charity. You may donate up to $10,000. You must provide information on the mission of the charity. 5. You must take your whole family on a vacation and you must calculate the cost of the vacation. Remember to include transportation, hotels, meals, and spending money. You should be able to find all this information online. For purposes of this project, you should assume that you will be taking the vacation this summer which can last up to one week and cost no more than $20,000. Make sure that your record all the costs in your checkbook ledger. 6. You may only purchase up to three (3) of any one item unless you are purchasing one per family member. You must state your reasoning for purchasing more than the allotment in your scrapbook! 7. You may purchase one (1) car, but you may not spend more than $100, You may invest a portion of your money, but you may not invest more than $25,000. If you invest money, you must specify how you invested your money. 9. You must make at least ten purchases. 10. You must add sales tax to all items. Calculate sales tax at 8.25% and add it to the cost of each item. 11. You can only buy 1 item per check 12. After all purchase are made, you must have less than a $ 1.00 balance in your checkbook ledger.

4 Research All of the expenses involved in carrying out the details of your plan must be included. You must have actual costs and you must document your costs. You can use newspapers, advertisements or go online to find the costs of various items. Make sure you keep a list of your sources and include them in your scrapbook. Accounting Record, in an organized way, exactly how the $1,000,000 will be spent. You must record all your information in a checkbook ledger, which must be included in your scrapbook. Include the following categories in your checkbook ledger: Savings College House Charity Vacation Car Investments Taxes Other In each category, make sure you include specific details about how you will spend the money. Be precise when recording the amount of money that you spend. You must determine what fraction of the total will be spent in each category, and you must create a circle graph (pie chart) that shows this information. Remember, your goal is to spend as close as possible to $1,000,000 without going over. Here are some items that you might want to purchase: bedroom furniture living room furniture electronics computer games Scrapbook Guidelines luxury items like a RV, quads and other such items sporting events jewelry You must create a scrapbook of how you spend your million dollars. The scrapbook must be bound with numbered pages and a table of contents. Your scrapbook should have an attractive and creative cover which includes your name, a title for your project and a picture. Your scrapbook must be neatly and accurately completed. It should have a professional appearance and organization. Each page MUST be numbered in the order matching your checkbook ledger and should include the following: a picture of the item from the internet, sales ad or flyer the amount the item cost before taxes and after taxes Must include estimated living expenses and budget. The last page in your Million Dollar Scrapbook is to be a reference page that details each resource and website where you found your items to purchase.

5 Estimated Living Expenses Budget Once you have spent your million dollars, determine how much money you will need for one year to maintain the lifestyle you have created. Your budget must include either daily or monthly expenses. You should choose categories and break down your budget into a circle graph. You must choose a profession and yearly salary that will allow you to keep the budget that you create. If you need assistance, please attend a Budget Workshop. (see attachments) Essay Guidelines: Write about your Million Dollar Life You will compose a final paper describing the life you have created for yourself. You must include the following: o What you plan to do with your time (besides spend money) o Where you plan to live (Country, city, state, etc.) o Information about your life o Your Career Choice: why and how much education is needed o How you felt doing this project (BE HONEST!!!). o If someone asked you how much a million dollars is, what would you tell them and why. The essay MUST be at least 5 paragraphs Presentation You will present your results to the class. Your presentation must use technology. You may use PowerPoint, Google Slides, Keynote or another presentation tool. In your presentation, you must discuss how much money you spent in each category (Savings, College, House, Charity, Vacation, Other) and what you purchased with your money. Your circle graph (pie chart) must be included in your presentation. You must also include a list of your sources. Your presentation should be less than 5 minutes long. Please make sure that you practice your presentation before you present to the class. Any remaining money may be spent any way you wish! Please do not wait until the last minute to complete this project.

6 Sample Checks: Please make as many as you need. Date Pay to the Order of $ Dollars XYZ Bank 899 Carver Lane Plymouth, MA For Date Pay to the Order of $ Dollars XYZ Bank 899 Carver Lane Plymouth, MA For Date Pay to the Order of $ Dollars XYZ Bank 899 Carver Lane Plymouth, MA For

7 Information Page for EACH Item Include a picture and a brief description of each purchased item. You must include but are not limited to the following details in your descriptions: Description of the item Picture of the item and web address where you found the image Price of the item. Taxes necessary to purchase the item. Total price of the item. Show your math work your computations. Why you chose this item _ Page number Scrapbook Example Page: Object: 2013 Toyota Corolla Category: Car Pg2 Price : $18, $16, (add tax) (18,000.00) 8.25% =$19,485 Source: -articles-driver-education-safety/ toyota-corollaleaked-pictures&docid=slz0ligvbfrlbm&imgurl= &sqi=2&page=3&tbnh=144&tbnw=200&ndsp=16&ved=1t:429,r:40,s:0,i:64&tx=32&ty=61 Description: This is a highly recommended and reliable vehicle. It gets excellent gas mileage and is not too expensive. Why do I want this car? I chose this car because it is reasonably priced, will last a very long time, and does very well on gas. I think this is an attractive blue color and it looks like it s a lot of fun to take on road trips!

8 Name: Criteria for Success Checklist I spent $1,000,000 or less. I placed at least $25,000 in a savings account. I calculated the amount of interest I will earn by the time I turn 18. I saved enough for four years of college, including tuition, room, board, books and other expenses. I purchased a house and I did not spend more than $500,000 on it. I donated money to a charity, but I didn t donate more than $100,000. I calculated the cost to take my family on a vacation, including transportation, lodging, entertainment and spending money. If I invested money, I invested less than $25,000. I included specific details about all my purchases. I stated the cost of each of my purchases to the nearest dollar. My presentation uses technology. My presentation includes a list of how much I spent in each category (Savings, College, House, Charity, Vacation, Other) My presentation includes a circle graph (pie chart) showing how much I spent in each category. My presentation includes a list of sources. My oral presentation is less than 5 minutes long. I calculated sales tax on all purchases. I estimated daily/monthly and yearly living expenses. I completed a 5 paragraph essay.

9 Who wants to be Millionaire Project Rubric Name: Number of items at least 10 items purchased Pictures accurately represents all items purchased Calculations complete and accurate, show all work/calculations, Purchase Price for each items showing initial price, taxes and total Page format item, price, picture, tax amount, neat without mistakes Conventions accurate spelling, punctuation, capitalization, and purposeful Checkbook Ledger Sheet neat, accurate, totals $1,000,000 Exact Amount Spent can have up to $1.00 left over Page Order matches the table of contents and check number order Binding neat, will not fall apart, professional quality, with cover page Essay 5 paragraphs, honest, creative, Presentation creative, 10 pts 10 pts 20 pts 20 pts 10 pts 10 pts 30 pts 10 pts 20 pts 20 pts 12 pts 28 pts TOTAL 200 pts

10 Presentation Rubric Body Language Eye Contact Introduction and Closure Pacing Poise Voice Purchased Items & Math Content Teacher Comments: Criteria Movements seemed fluid and helped the audience visualize. Holds attention of entire audience with the use of direct eye contact. Student delivers open and closing remarks that capture the attention of the audience and set the mood. Good use of drama and student meets apportioned time interval. Student displays relaxed, self-confident nature about self, with no mistakes. Use of fluid speech and inflection maintains the interest of the audience. At least 10 are included Made movements or gestures that enhanced articulation. Consistent use of direct eye contact with audience. Student displays clear introductory or closing remarks. Delivery is patterned, but does not meet apportioned time interval. Makes minor mistakes, but quickly recovers from them; displays little or no tension. Satisfactory use of inflection, but does not consistently use fluid speech. At least 8 are included Very little movement or descriptive gestures. Displayed minimal eye contact with audience. Student clearly uses either an introductory or closing remark, but not both. Delivery is in bursts and does not meet apportioned time interval. Displays mild tension; has trouble recovering from mistakes. Displays some level of inflection throughout delivery. At least 6 are included No movement or descriptive gestures. No eye contact with audience. Student does not display clear introductory or closing remarks. Delivery is either too quick or too slow to meet apportioned time interval. Tension and nervousness is obvious; has trouble recovering from mistakes. Consistently uses a monotone voice. Less than 5are included or missing math content on more than 2 items Total----> Points A=25-28pts B= 22-24pts C=19-21pts F=18-0pts

11 Organization Editing Fulfilled Requirements Million Dollar Math Project Essay Rubric Essay is extremely well-organized. Author adjusts tone to fit the need of the paper. Transitions are clear and effective. Essay includes a very strong introduction and conclusion. Essay exceeds expectations. There are no grammatical errors and author has taken responsibility to have the paper edited by several different people. Author goes beyond what is required. Essay includes at least five paragraphs, a strong introduction, and conclusion, and logical transitions between paragraphs. There are no grammatical errors and author has taken responsibility to have the paper edited by different people. Author includes a description of each purchase, why each item was purchased, what they are planning to do with their time, and where they plan to live in a clear and detailed way. Essay includes at least five paragraphs, an introduction and conclusion, but may be lacking transitions. There are some grammatical errors and it is unclear if the author has edited the paper. Author includes most of the required information such as: a description of each purchase, why each item was purchased, what they are planning to do with their time, and where they plan to live. Essay does not include at least five paragraphs; introduction and conclusion may be missing or incomplete. Little or no transitions are used. The grammatical errors get in the way of reading the essay. Author is missing required information. Comments: Score:

12 How to Write a Check This is the information you write on a check. Your Name Check # Your Address /4567 City, State, Zip Date 1_ Pay to the order of _2 $ 3 4 dollars Bank s Name Address City, State, Zip For _5 6_ What to write: Example: 1. Write the date: month, day, year. August 5, 2006 or 8/5/06 2. Write the name of the person or business that gets the check. ABC Store 3. Write the amount of the check in numbers $ Write the amount of dollars in words. twenty-one Write the amount of the cents in numbers. 28/100 Draw a line to the word dollars. twenty-one and 28/ Write a note to remember what the check was for and which category. party supplies/other 6. Sign your name. Your Name