2024 ISHS General Maths IA1 PSMT Budget Car - Final-2
2024 ISHS General Maths IA1 PSMT Budget Car - Final-2
2024 ISHS General Maths IA1 PSMT Budget Car - Final-2
Assessment objectives
This assessment instrument is used to determine student achievement in the
following objectives:
1. select, recall and use facts, rules, definitions and procedures drawn from Unit 1 Topic
1: Consumer Arithmetic
2. comprehend mathematical concepts and techniques drawn from Unit 1 Topic 1:
Consumer Arithmetic
3. communicate using mathematical, statistical and everyday language and conventions
4. evaluate the reasonableness of solutions
5. justify procedures and decisions by explaining mathematical reasoning
6. solve problems by applying mathematical concepts and techniques drawn from Unit
1 Topic 1 : Consumer Arithmetic.
Subject General Mathematics
Technique Problem-solving and modelling task
Unit Unit 1: Money, measurement and relations
Topic Topic 1: Consumer Arithmetic
Conditions
Context
You are a forward-thinking year 11 student; planning to buy a car outright at the end
of year 11. This means you are not borrowing money but need to save to purchase
the car. You will then need to continue your budget to cover ongoing running costs
for year 12.
Task
Your task is to investigate the total cost of your proposed car and to construct an
appropriate budget for both saving to buy the car and then finance the ongoing costs
of the car for year 12 with the following parameters:
Refine your model/budget to ensure you can afford your car or at least increase
available spending funds.
In this report, you will discuss/evaluate your findings and justify your decisions.
Stimulus
https://www.seek.com.au
https://www.ato.gov.au/Rates/Individual-income-tax-rates/
https://moneysmart.gov.au/budgeting/budget-planner
https://www.autotrader.com.au/for-sale/qld/brisbane/under-$5000
https://www.fairwork.gov.au/employment-conditions/awards/list-of-awards
https://www.carsales.com.au/
Formulate 4
Assessment objectives 1, 2 and 5
Solve 7
Assessment objectives 1 and 6
Evaluate and verify 5
Assessment objectives 4 and 5
Communicate 4
Assessment objective 3
Total 20 /20
Authentication strategies
• Students will produce sections of the final response under supervised conditions.
• Students will each produce a unique response by using different parameters for fuel usage,
distances travelled and fuel prices.
Scaffolding
mathematical modelling
purposeful representation by first determining the applicable mathematical
and/or statistical principles, concepts, techniques and technology that are
required to make progress with the problem. Appropriate assumptions, variables
and observations are identified and documented, based on the logic of a
proposed solution and/or model.
In mathematical modelling, formulating a model involves the process of
mathematisation — moving from the real world to the mathematical world.
Once a possible solution has been achieved, students need to consider the
reasonableness of the solution and/or the utility of the model in terms of the
problem. They evaluate their results and make a judgment about the
solution/s to the problem in relation to the original issue, statement or
question.
This involves exploring the strengths and limitations of the solution and/or
model. Where necessary, this will require going back through the process to
further refine the solution and/or model. In mathematical modelling, students
must check that the output of their model provides a valid solution to the
real-world problem it has been designed to address.
This stage emphasises the importance of methodological rigour and the fact
that problem-solving and mathematical modelling is not usually linear and
involves an iterative process.
Criterion: Formulate
Assessment objectives
1. select, recall and use facts, rules, definitions and procedures, drawn from Unit 1 Topic 1
2. comprehend mathematical concepts and techniques drawn from Unit 1 Topic 1
5. justify procedures and decisions by explaining mathematical reasoning
Criterion: Solve
Assessment objectives
1. select, recall and use facts, rules, definitions and procedures drawn from Unit 1 Topic 1
6. solve problems by applying mathematical concepts and techniques drawn from Unit 3 Topic 1
statements about the reasonableness of solutions by considering the context of the task
statements about relevant strengths and limitations of the solution and/or model 2–3
statements about decisions made relevant to the context of the task.
Criterion: Communicate
Assessment objective
3.communicate using mathematical, statistical and everyday language and conventions