Desmos is a game mainly for laptop, computer, or pc. This game is designed to be an educational game of exercising mathematical thinking to narrow down graphs by asking yes or no questions to the person who picked a graph out of the options given. The goal is to figure out what graph the other person chose in the shortest time possible and with the least questions possible, each graph deemed not it should be justified and make sense. Yes, this mean you need a partner in order to play Desmos as there are no npc/robots.
Core Competency Reflection
I can easily identify where I need help in math and where I am fully and confidently able to help others learn and grasp concepts.
I don’t require nor use internal motivation to do most math related things because I find it as fun as doing a word search or sudoku, especially when it is put into a game format like Desmos even if I generally dislike that aspect of math. For some aspects of math like graphing or order of operations with decimals, I do use internal motivation which is simply “do it now, do it later with possibly less motivation and energy, or don’t do it at all and get a not so good mark/grade.” Of course, I pick the first option, I don’t gamble with the second one, plus I could have free time or at least less work later if I do the work currently.
I stay proactive and openly accept opportunities for positive and healthy self-growth, whilst reactively retaliating against anything that will reduce my mental growth or physical health. I use my skills and the knowledge I gain to constantly develop myself and others.
You want to buy a place in the next 3 years. For your purchase, you want to ensure you have enough for a minimum down-payment of 15%. The place’s you are looking at all cost approximately 800,000 dollars. For this scenario, we will assume the housing market has stagnated, as such, you do not expect the price to change in the next 3 years.
As of this moment, you have 80,000 already saved for a down-payment.
Each year, you make enough to add 10,000$ which can be added to your amount to use for a down-payment.
It is now your responsibility to think about what you would do with your money to reach your goal of being able secure the amount needed for a down-payment within three years. As such, you must consider what is the best method for your investing goals.
You have the following options available to you.
One Year 3.5% annual non-redeemable GIC
Two year 4.2% non redeemable GIC (4.2% annual return per year)
Stock Investments
Use the data to help you https://www.1stock1.com/1stock1_766.htm. For a declines, consider this past year. For expected growths, calculate the average annual growth from 2017-2021. Use the EAG for calculating growth in your stocks.
Goal is to get 15% of $800k which is $120k.
Start with $80k, add $10k each year, for option 1 add 3.5% of $10k. For option 2, add 4.2% of $10k. For option 3 add 28.79% of $80k then add $10k. Option 1 is constantly putting them into 1 year GICs, option 2 is constantly putting them into 3 year GICs, option 3 is stocks where you could either gain money or lose money, its very risky unless you thoroughly look through what you’re investing into.
Option 1 (Goal: $120k)
Year 1: 80,000 + 10,000 + 350 = 90,350
Year 2: 90,350 + 10,000 + 350 = 100,700
Year 3: 100,700 +10,000 + 350 = 111,050
Year 4: 111,050 + 10,000 + 350 = 121,400
All 4 GICs claimed by year 5
Will Work after 5 years
Option 2 (Goal: $120k)
Year 1: 80,000 + 10,000 + 420 = 90,420
Year 2: 90,420 + 10,000 + 420 = 100,840
Year 3: 100,840 + 10,000 + 420 = 111,260
Year 4: 111,260 + 10,000 + 420 = 121,680
All 4 GICs claimed by year 7
Will Work after 7 years
Option 3 (Goal: $120k) (With 2022 loss)
Year 1: 80,000 x 1.075 + 10,000 = 96000
Year 2: 96000 x 1.075 + 10,000 = 113200
Year 3: 113200 x 1.075 +10000= 131690
If a loss in year 3: 113200 x 0.913 +10000= 113351.60
Will Work after 3 years
Option 1 is least risk because its less time than option 2. Option 2 is moderate risk because if you’re in a bad financial position then you can’t pull out the money unless you pay, and even then, you would pull out less. Option 3 in a real scenario is highly risky because you could lose money too but option 3 here works the best. I would go with option 1 in a real scenario.
These are graphs of the options. The first graph shows option 1 and 2, the second graph showing the option 3’s with blue being if everything went well, and the orange one being with the 2022 loss.
Personally, in real life if I was trying to get this money, I would choose option 1 because if bringing option 1 and 2 up to two years, option 1 would be 7% while option 2 would be 4.2%. If I knew what stocks to invest in, and if the market would be good or not, I would pick option 3, it would save a year and make more than enough money to meet the goal.
Core Competency Reflection:
Prompt 1: I can demonstrate rational, reasonable, and appropriate behavior in a group
Prompt 2: I can explain my ideas and explain something in different ways
Prompt 3: I can stick to a guideline/instructions even if I don’t understand what is supposed to happen
Prompt 4: I can regulate myself and others around me to focus more on the main priority
Collaboration and Contributions:
At the start of this assignment, I had no clue on what the instructions were saying, where any of the numbers came from, nor what processes to use. It took me around 20 times of re-reading the whole page repeatedly until I understood what we were doing, and it turned out to be easy. The process to use to get the answers was already on the paper. We were put into groups, each group with a respective board. We then had to write our processes and answers to the questions on our board. Mr. Rudich would then come around asking individual people to explain what they were doing in their processes to get their answers. I tried helping other groups understand what was going on and how to use the process, but I never have them an actual answer to any of the questions, unless they were part of my group. It gave me a slight chuckle to see those who didn’t understand what was going on try to explain.
When I didn’t understand what was going on, I was keeping up with punching numbers into a calculator for my group, (when I didn’t understand what to type in, that’s when another group member would decide to help) that helped me slightly understand what was supposed to be done on top of asking the one who wrote down our processes onto our respective board where each number came from and why do different things with those numbers. We weren’t exactly a group, personally it felt more like partners because most of the group either still didn’t understand on weren’t focusing. Things were kind of looking up until we got to having to write what we did all down on EduBlog, everybody understood what was supposed to happen then, I assume this is so because they saw other people’s examples. At the end of the day though, it was fun. On a scale of 1-4 for my ability to colaberate with others, 2.9. I’d say this is the second most fun ADL assignment I’ve done so far. Most fun was the digital footprint EduBlog assignment.
