### MEL3E Grade 11 Math Course Description

This **MEL3E grade 11 math course** enables students to broaden their understanding of **mathematics** as it is applied in the workplace and daily life. Students will solve problems associated with earning money, paying taxes, and making purchases. Apply calculations of simple and compound interest in saving, investing and borrowing; and calculate the costs of transportation and travel in a variety of situations. Evaluate the pros and cons of situations from simple purchases, discount purchases, or investments.

Students will consolidate their mathematical skills as they solve problems and communicate their thinking.

**Prerequisite:** Principles of Mathematics, Grade 9, Academic, or Foundations of Mathematics, Grade 9, Applied, or a ministry-approved locally developed Grade 10 mathematics course.

Material provided below was created by Kyle Pearce and Chris Tavolieri. If you make improvements to the material, please share back so we can post a link.

### MEL3E Grade 11 Math Course Notes and Handouts

#### MEL3E – Unit 1 – Working and Earning

Sec. 1.3 – Hourly Rate and Overtime Rate

**MEL3E – Unit 2 – Deductions and Expenses**

Sec. 2.1 – Standard Deductions – Note Sec. 2.1 – Standard Deductions – Handout |

Sec. 2.2 – Other Deductions |

Sec. 2.3 – Living Expenses |

Sec. 2.4 – Paying Monthly Bills |

Sec. 2.5 – Purchasing Power |

**MEL3E – Unit 3 – Paying Taxes**

Sec. 3.1 – Information for Filing Income Taxes

Sec. 3.2 – Sales Tax – Worksheet

**MEL3E – Unit 4 – Making Purchases**

Sec. 4.2 – Getting Back Fewer Coins

Sec. 4.3 – Taxes and Total Cost

Sec. 4.4 – Discounts and Sale Prices

Sec. 4.5 – Sale Prices, Taxes, and Total Cost

**MEL3E – Unit 5 – Buying Options**

Sec. 5.3 – Cross Border Shopping

Sec. 5.4 – Decision to Buy -Layaway

Sec. 5.5 – Instalment Plans Without Interest

Sec. 5.6 – Pay Later With Penalty

**MEL3E – Unit 6 – Banking Transactions & Saving Money**

Sec. 6.1 – Banking Transactions

Sec. 6.3 – Simple Interest – Note

Sec. 6.3 – Simple Interest – Worksheet

Sec. 6.4 – Simple and Compound Interest

Sec. 6.5 – Compound Interest – Note

Sec. 6.5 – Compound Interest – Worksheet

**MEL3E – Unit 7 – Types of Investing**

Sec. 7.1 – Types of Investments

Sec. 7.2 – Registered Retirement Savings Plans

Sec. 7.4 – Risk Tolerance – Type of Investor

Sec. 7.5 – Application of Types of Investing

**MEL3E – Unit 8 – Taking a Trip**

Sec. 8.1 – Taking a Trip Introduction – Gas Consumption

Sec. 8.1 – Taking a Trip Introduction – Gas Consumption Information

Sec. 8.1 – Taking a Trip Introduction – Time Calculations

Sec. 8.2 – Planning a Trip by Automobile

Sec. 8.3 – Planning a Trip – Train vs. Car

**MEL3E – Unit 9 – Personal Finance**

Sec. 9.2 – Delaying Payment on Credit Cards

Sec. 9.3 – Short-Term Borrowing

**MEL3E – Unit 10 – Buying a Car**

Sec. 10.3 – Depreciation of Cars

Sec. 10.4 – Irresponsible Driving – Worksheet