Making Sense of Money

Algebra helps you manage money by modeling budgets, understanding interest, and planning savings.

Examples of Use

• Budgeting: Use equations to track expenses and income.
• Interest Calculation: Use formulas like \( I = Prt \) for simple interest, where \( P \) is principal, \( r \) is rate, and \( t \) is time.
• Loan Payments: Algebraic formulas help you figure out monthly payments.

Why It Matters

These skills help you make smart choices about spending, saving, and borrowing throughout your life.