The purpose of today's lab is to step back and see where we have been and where we are going and in the process begin reviewing for the final exam. Read through the following and click on any underlined links as you go along from this lab, which is accessible from the main web page at http://www.mathsci.appstate.edu/~sjg/class/1010. You are receiving a printed copy of this so that you can study from it, and because there have been server problems all over campus (computer services is working to correct them). This should be completed and turned in by the end of lab. You will receive it back in class tomorrow.

From the syllabus:

Develop creative inquiry skills.

Develop an appreciation of what mathematics is, what it has to offer, and why it is useful.

Develop communication skills by communicating mathematics to a general audience in writing projects, group and class discussions and presentations, and on the WebCT bulletin board.

Develop computer skills and advanced web searching techniques.

Math 1010 has been designated as a writing intensive, numerical data and computer use course.

From the syllabus:

All Mat 1010s must satisfy the three designators, must use the How do You Know? book, and must cover the statistics segment. Most cover the financial mathematics segment. After that, instructors are free to choose segments that they want to cover. Hence, for most of the semester, during the financial mathematics and statistics segments, this section looked much like any other Mat 1010. We differed slightly by taking an interdisciplinary approach, combining financial mathematics with politcal science in the Ben Franklin lab, and statistics with a real-world view via Heart of Math readings and the stock market. In addition, we began examining some of the course themes - what mathematics is, what it is useful for, and how people succeed in mathematics. For the remainder of this semester, we took an interdisciplinary approach combining the fields of mathematics, sociology, African American studies, women's studies, and history in the What is a Mathematician? segment, and the fields of geometry, visualization, art, history, philosophy and physics, in the Geometry of the Earth and Universe segment.

Read Through the Following:

We have seen that the media often misrepresents statistics, and that one must dig deeply to fully understand the (often contradictory) issues involved.

Skim through this reading on Money Matters from the Heart of Mathematics in order to review the derivations of the formulas, real-life applications and learn some new things too! Notice that the lump sum and periodic payment formulas match our formulas. But, the reading never actually gets to our loan payment formula, although it does get close (on the last page).

Since September 11th, you may have seen television commercials from the car companies offering 0% interest on new cars. GM was first to start this with its "Keep America Rolling Program," which offers interest-free financing on all new cars and trucks for certain loan periods. Zero-percent financing can save customers thousands of dollars over the life of the loan. Many of these loans have been extended into next year. Use effective web searching techniques in order to find details on the length of an interest free car loan.

For homework, I asked you to think about what style of doing mathematics is most rewarding for you. Notice that I did NOT ask which segment was most applicable (financial mathematics) or which segment was the easiest for you (recall that while I chose to do geometry, since this is the most rewarding for me, it is actually a part of mathematics that I find most difficult). Instead, I asked what STYLE (we have seen many different styles of people being successful in mathematics) of doing mathematics is most REWARDING for you.

Open up Microsoft Word and type up a response to this. Be sure to include an in depth response including reasons why the style (NOT the segment) is most rewarding. SAVE OFTEN.

If time remains in lab, make sure that you have completed WebCT quizzes 6 and 7 (due tonight by 11:55pm). You can retake WebCT quiz 8 (due this Wed by 11:55pm), review or work on extra credit opportunities.