Algebra 1 CC

Unit 4 Task 1: Pyramid Schemes

Name ______

Date______Period ______

Max wants an easy way to earn some money to buy a new iPhone. He receives an email describing a once in a lifetime opportunity to get rich quick! The email is given below.

1.  If everyone that receives the email participates, how many people will be sending money to Max? Use the space below to show how you figured it out.

2.  If all goes as planned, how much money would be sent to Max? Show your calculations.

3.  Let “M” represent the amount of money max receives and write an equation (using exponents) that models the situation.

M = ______

4.  What could possibly go wrong? (Explain your answer in 3 to 5 sentences)

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5.  Max is worried that only two people from each group of five that receive the email will actually send the $5.00. How much money will Max receive if that happens? (Show your calculations)

Scoring Guide Task 1
Thorough Understanding
96-100% / Adequate Understanding
80-95% / Partial Understanding
65-79% / Minimal Understanding
0-64%
¨  Meets all of the "Adequate Understanding" criteria plus:
¨  Writes a simplified equation to model the situation
¨  Explains 3 or more possible problems with the plan
¨  Includes an equation to model the situation for 2 participants / ¨  Correctly calculates the number of people
¨  Correctly identifies the number of dollars
¨  Writes an appropriate equation with exponents
¨  Explains 1 possible problem with the plan
¨  Correctly identifies the amount of dollars received with only 2 participants
¨  Writes an email that makes a decision and supports it / ¨  Meets 3-5 of the adequate understanding criteria / ¨  Meets less than3 of the adequate understanding criteria.
100%
(99-96% – proportional
credit for attempting)
(+1%point for attempting) / 6 – 95%
5 – 85%
(+1%point for attempting) / 4 – 75%
3 – 70%
(+1%point for attempting) / 2 – 60%
1 – 50%
(+1%point for attempting)

Algebra 1 CC

Unit 4 Task 1: Pyramid Schemes

Writing Prompt

Name ______

Date______Period ______

Prompt: Write an email (3-5 sentences) to Max explaining whether or not he should participate in the “Get Rich Quick” plan, as laid out Unit 4 Task 1. Be sure to defend you decision.

Brainstorm

Reasons to Participate / Reasons NOT to Participate
·  /
· 

Decision Statement: I think ______.

Rough Draft

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Peer Edited by (print): ______Signed: ______

Revised Draft

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Adult Edited by (print): ______Signed: ______

Final Draft

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Brainstorm: ______RD: ______PE: ______RD: ______AE: ______Final Draft: ______