The Mathematics of Money
- Grades 7-11
Why are round-trip fares from Orlando to Kansas City higher than those from Kansas City to Orlando? How do interest-rate adjustments affect the real estate market? How does one calculate the price-to-earnings ratio of a stock and use it to predict future performance? Mathematics plays an indispensable part in answering these questions. This course will give you a strong foundation in central concepts of business and finance, like the mathematics of buying and selling, how simple and compound interest affect the value of loans, mortgages, and interest-bearing accounts; and the impact of taxes on personal and government budgets. While examining these topics, you’ll manipulate and solve algebraic expressions and learn to apply a range of mathematical concepts, including direct and indirect variation and arithmetic and exponential growth. Through simulations, projects, and investigations, you and your classmates will grow more secure in your own financial management and enhance your understanding of the broader economic conditions that shape personal, public, and corporate investments.
Typical Class Size: 16-18
- Solve arithmetic operations involving fractions, ratios, and percentages
- Apply arithmetic operations to solving business math concepts
- Solve algebraic equations by exploring key polynomial and exponential concepts
- Apply mathematical models derived from algebraic principles to business and finance
- Formulate and evaluate conclusions based on inferences made from quantitative information
- Apply mathematical reasoning to solve real-world problems and interpret the mathematical solutions in context
Summer Dates & Locations
Testing and Prerequisites
|Required Level||CTY-Level||Not required|
Students must achieve qualifying scores on an advanced assessment to be eligible for CTY programs. If you don’t have qualifying scores, you have several different testing options. We’ll help you find the right option for your situation.Sign up for Testing Learn More
Cost and Financial Aid
- Nonrefundable Application Fee - $50 (Waived for financial aid applicants)
- Nonrefundable International Fee - $250 (outside US only)
Financial Aid is available
We are committed to serving all talented youth regardless of financial circumstances. Financial assistance is available based on need.
About Mathematics at CTY
Explore the study of shapes
Many of our courses allow students to describe the world around them in basic and profound ways. Our younger students learn about shape, scale, and proportion in Geometry and Spatial Sense. Middle School students explore beautiful real-world applications of lines; analyze data based on curves that fit a uniform, symmetric and bell-shaped, or skewed pattern in Data and Chance. And advanced students explore the underlying mathematics and fundamental characteristics of shapes, distance, and continuous deformations in our proof-based Topology course.
Dive deep into logic and reasoning
Our courses in formal logic give you the tools to question the world around you. Inductive and Deductive Reasoning introduces younger students to different types of reasoning, as well as the strengths and weaknesses inherent in various forms of critical analysis. Older students explore how logical reasoning can explain (or fail to explain) counter-intuitive results in Paradoxes and Infinities, or take a more rigorous approach to formal logic in Mathematical Logic.