Pocket money project : Supporting student understanding percent.

This paper aimed to describe the implications mathematics education in finance. Calculation of interest rates, discounts, profits, taxes, GDP growth requires basic arithmetic skills such as percentages. By imbuing financial literacy in math learning, not only do students know firsthand the use of percent in financial situations, but they are also increasingly knowledgeable about finance. Financial literacy in our study spans three dimensions: content, context, and process. By using the proportion and equation approach as well as two types of construction, namely the bar model and the circle model, we present the learning situation of monthly salary allocation table. Through this situation, students are expected to be able to construct fractional material and financial knowledge on salary and income content. [ABSTRACT FROM AUTHOR]