Disney World Project
Simple Interest, Discount, Tips, Taxes, and Percent Error
7.RP.3, 7.EE.2, 7.EE3
We're going to the “Happiest Place on Earth!” You will have a budget to spend during your visit to Disney World. A ticket to the park costs $120, and there are severalthings to consider when spending your money while there. Your goal is to try to spend as close to your budget as possible, and you will calculate how close your actual spending is as compared to your budget.
Your task is to make a Financial Summary of your trip.
Requirements:
1)Name and Academic block.
2)A title. For example, Disney World Financial Summary.
3)Each item/store must have its own section on the summary with all required details and work shown.
4)Points are awarded for “Presentation” so be sure your financial summary is neat, organized, creative and colorful!
Grading Rubric / 5 points / 3 points / 1 points / 0 pointsBudget / Correct budget; work shown / Incorrect with work or correct with no work / Incorrect budget; no work shown / Not complete
Souvenir Stand / Correct answer; work shown / Incorrect with work or correct with no work / Incorrect answer;
no work shown / Not complete
Magic Shop / Correct answer; work shown / Incorrect with work or correct with no work / Incorrect answer;
no work shown / Not complete
Candy Palace / Correct answer; work shown / Incorrect with work or correct with no work / Incorrect answer;
no work shown / Not complete
Clothiers / Correct answer; work shown / Incorrect with work or correct with no work / Incorrect answer;
no work shown / Not complete
Meals / Correct answer; work shown / Incorrect with work or correct with no work / Incorrect answer;
no work shown / Not complete
Percent Error / Correct answer; work shown / Incorrect with work or correct with no work / Incorrect answer;
no work shown / Not complete
Presentation / Creative, colorful, neat, and organized / Mostly neat and organized / Somewhat messy or disorganized / Unable to read
Total Points Earned: x 2.5 = /100
Disney World Project
Item1: Budget
Two years ago, you put $500 in a bank account that earns 4% simple interest. Determine your total budget for the trip.
Item2: Shopping
Recall that a ticket to the park costs $120, and that you must buy at least one item from each store. You may buy more items if you like. Your work should show the original price and the discounted price (you can use method 1 or 2 from our examples in Lesson 6).
Item3: Meals
You must eat both lunch and dinner while you’re at the park. For each meal, be sure to include tax and tip.
Item 4: Percent Error
What is your total spending for the day? How close did you come to your budget? Calculate the percent error.