2007-8 Specialist High Skills Major (SHSM)Contextualized Learning Activities (CLAs)

For the “other required credits” in the bundle of credits, students in a Specialist High Skills Major program must complete learning activities that are contextualized to the knowledge and skills relevant to the economic sector of the SHSM. Contextualized learning activities (CLAs) address curriculum expectations in these courses.

This CLA has been created by teachers for teachers.It has not undergone an approval process by the Ministry of Education.

Contact Information

Board Simcoe County District School Board

Development date July 2008

Contact person Paul Sloan

Position Principal of Student Success

Phone 705-734-6363

Fax 705-728-2265

E-mail psloan@scdsb.on.ca

Specialist High Skills Major

Business

Course code and course title

MBF3C – Foundations for College Mathematics

Name of contextualized learning activity/ activities

Owning and Operating a Motor Vehicle

Brief description of contextualized learning activity/ activities

In these activities, the student will research the various costs of owning and operating a motor vehicle. Specifically, the students will identify the costs associated with owning and operating a motor vehicle, calculate and compare loan rates from various financial institutions, identify factors affecting insurance rates, and consider external factors such as the price of gas in owning a motor vehicle. The activities culminate into a final written and oral presentation.

Duration 10 hours

1

2007-8 Specialist High Skills Major (SHSM)Overall expectations

B3 demonstrate an understanding of the costs involved in owning and operating a vehicle;

Specific expectations

B3.1 gather and interpret information about the procedures and costs involved in insuring a vehicle and the factors affecting insurance rates and compare the insurance the insurance costs for different categories of drivers and for different vehicles;

B3.2 gather, interpret, and compare information about the procedures and costs involved in buying or leasing a new vehicle or buying a used vehicle;

B3.3 solve problems, using technology, that involves the fixed costs and variable costs of owning and operating a vehicle.

Catholic graduate expectations (if applicable)Essential Skills and work habits

Document Use Computer Use Numeracy

o Money Math :o Measurement and Calculation :o Data Analysis :o Numerical Estimation :

2

2007-8 Specialist High Skills Major (SHSM)Instructional/Assessment Strategies

Teacher’s notes

Print all resources included prior to beginning these activities to become familiar with content.

Print the Instruction Sheet for all activities prior to beginning the CLA. Provide the website resource list to all students prior to beginning the CLA. Check availability of computer lab time for assignment and culminating activity. Discussion of the culminating activity should take place prior to beginning this CLA. Provide students will a copy of all organizers and handouts. This CLA can be taught as a whole class activity or may be used as in Independent

Study Unit (if used as an Independent Study Unit, the instruction sheet may be modified to exclude Brainstorming, Think Pair Share and Discussion Activities.)

If the teacher is going to use copies of ‘Consumer Reports’, they may be found in most school libraries, the Public Library and on-line reports are also available.

Context

A student seeking employment in the World of Business, would require skills in Internet research, loan calculations, comparison shopping, interpreting and analyzing information, and formulating decisions based on their research. The activities contained within this CLA provide the opportunity for students to develop and enhance these employability skills.Strategies

Operating Costs of a Car Students will brainstorm in pairs the various costs associated with owning a

motor vehicle. Students will ‘Think, Pair, Share’ their answers, then present answers to the

class to discuss. The process is repeated for the costs associated with operating a motor vehicle. Provide students with flipchart paper to record answers. Provide students with a copy of BLM #1 and #2 following a class discussion of

answers.

Shopping for a New Car Loan Students will research the various financial institutions that offer car loans. Students will research the type of car they would like to purchase and calculate

their total cost and monthly payments. Provide students with a copy of BLM #3 – ‘Car Loan Chart Organizer’ to help

complete this activity.

Shopping for Insurance As a class, brainstorm and discuss what factors affect insurance rates for

drivers. Use BLM #4 to reinforce the factors and post in the classroom Students will research the cost of car insurance based on the car they chose for

the previous activity.

3

2007-8 Specialist High Skills Major (SHSM)

Students will choose 2 different insurance providers and compare the cost of insurance.

Provide students with the BLM #5 – ‘Car Insurance Organizer’ to help complete this activity.

Have students discuss the information in the organizer with the teacher before proceeding to the next activity.

Identifying Fixed Vs. Variable Costs Students investigate the variable and fixed costs associated with owning and

operating a motor vehicle. The following BLM would be used for this strategy:

EMS #1 Fuel Consumption Graph FVC 2 Costs Master HAQ 1 Support Question MC 1 Maintenance Chart Quiz QVC

Culminating Activity Provide students with a copy of the Evaluation Rubric prior to explaining the

culminating activity. Students will use the information they collected through out the CLS to relay

what car they chose, how they would purchase and finance it, and what costs are associated with their transaction.

Students will provide a written report for their summative evaluation. Specific details about the culminating activity are found in the resource

documents and lesson plans. The following BLM are used for this strategy:

Summative Rubric SVC 1 Pricing Chart

Assessment and Evaluation of Student Achievement

Strategies/Tasks Purpose

1.Owning and Operating Costs of a Car Diagnostic – to determine students knowledge priorto beginning CLA.Discussion and recording of answers.

2.Shopping for a New Car Loan DiagnosticPeer/Teacher AssessmentCar Loan Chart Organizer

3.Shopping for Insurance DiagnosticCar Insurance Organizer

4.Fixed Costs Vs. Variable Costs Glossary of TermsWord WallEvaluation – Support Questions for Vehicle CostsEvaluation - Pen & Pencil Quiz

5. Culminating Activity Summative Assessment. Students write asummary report.Rubric included.

4

2007-8 Specialist High Skills Major (SHSM)

Assessment tools

Peer assessmentTeacher FeedbackOral DiscussionCar Insurance OrganizerCar Loan Chart OrganizerPen & Pencil QuizRubric for Evaluation of Culminating Activity

Additional Notes/Comments/Explanations

The teacher may wish to ensure that they have read the Lesson Plans for the activities provided prior to beginning the CLA.

If this CLA is going to be used as an Independent Study Unit, modifications should be made to the delivery method outlined in the Lesson Plans. The teacher may wish to assign timelines for the organizers to be completed and checked to ensure that the student does not fall behind.

Resources

Authentic workplace materials Car fact sheets from dealerships Information on financing from financial institutions

Human resources

Print Any used car resource Book (ie. LemonAid) Consumer Reports

Video

Software Internet Browser Microsoft Word/PowerPoint

Websites www.apa.ca www.cfla-acfl.ca www.carbuyingtips.com www.dunmac.com/cars www.strategis.ic.gc.ca www.belairdirect.ca www.ibc.ca www.insurance-canada.ca

5

2007-8 Specialist High Skills Major (SHSM)

www.kanetix.com www.imoney.com/insurance www.bmo.caom www.tdcanadatrust.com www.pcfinancial.com www.cibc.com www.royalbank.com www.scotiabank.com www.consumerreports.org www.carsafety.org www.financenter.com www.strategis.ic.gc.ca/sources www.nissan.ca www.toyota.ca www.honda.ca www.ford.ca www.gm.ca www.VolvoCanada.com www.chryslercanada.ca www.wheels.ca www.eia.doe.gov.emeu www.tfc-charts.w2d.com www.londongasprices.com www.energy.gov.on.ca/index.cfm www.statefarm.com www.autotrader.ca www.leasebusters.ca www.autobytel.ca www.autonet.ca www.canadiandriver.com/prices www.cars4u.com www.consumerreports.org www.quicken.ca www.vicc.com www.moneyinstructor.com

Other Consumer Reports

6

2007-8 Specialist High Skills Major (SHSM)Accommodations

Pair ESL and Special Needs students with a stronger student to complete activities.

If overheads are being used, provide hard copies where appropriate. Make any necessary modifications to the culminating activity and allow for

longer timelines. Have students complete the organizers on a daily basis and check for

completion and understanding before proceeding to the next activity. Use the library or resource room as an alternate work space if a more quiet

setting is required. Reduce the number of tasks required to assess a concept if appropriate. Review each period (if being used as a whole classroom activity) what is

required for the current activity, as well as the requirements for the culminating task.

7

2007-8 Specialist High Skills Major (SHSM)List of Attachments

1. Title page of CLA2. CLA Part 13. CLA Part 24. CLA Part 35. CLA Part 46. CLA Part 5 7. BLM #1 – Costs of Owning a Car8. BLM #2 – Costs of Operating a Car9. BLM #3 – Car Loan Chart Organizer10.BLM #4 – Factors Affecting Insurance Rates11.BLM #5 – Car Insurance Organizer12.EMS #1 – Estimated maintenance schedule13.Fuel Consumption Graph14.FVC 2 Costs Master15.HAQ 1 Support Questions16.MC 1 Maintenance Chart17.Quiz QVC18.Summative Rubric19.SVC 1 Pricing Chart

8

2007-8 Specialist High Skills Major (SHSM) 9

2007-8 Specialist High Skills Major (SHSM)Automobiles: Diagnostic Assessment – Owning and Operating a Motor Vehicle

SHSM Business CLA Part 1 MBF3CDescriptionStudents brainstorm the various costs associated with owning and operating a motor vehicle to prepare them for the content of this CLA.

MaterialsBlack line MasterChart paperMarkers

AssessmentOpportunities

Minds On…

Whole Class – Small Group

In groups of 2 or 3, have students discuss the costs associated with owning and operating a motor vehicle.Groups record their findings on chart paper and share with class. Teacher facilitates discussion by offering further examples and providing clarification if necessary.

Make sure that a wide variety of responses are presented and accepted. Provide further examples when required.

Action! Whole Class – Small Group

Groups of two or three work together to brainstorm the costs associated with owning a motor vehicle.Two groups join together to consolidate answers and write on chart paper provided.Each group shares answers with the class.The teacher uses BLM #1 as an overhead to reinforce answers and students record the costs discussed.

Costs that the class should consider are: Initial purchase price Insurance Financing costs Sales tax and GST Scheduled maintenance Registration and title costs Service contracts Storage

Have groups reassemble and repeat the process to brainstorm the costs associated with operating a motor vehicle

The teacher uses BLM #2 as an overhead to reinforce answers and students record the costs discussed.Costs that the class should consider are:

Tires

When working through examples, students should work in their small groups on placemat paper. The teacher should consolidate with the whole class after each example.

10

2007-8 Specialist High Skills Major (SHSM)

Tickets Oil Gas Parking Repairs Other

Consolidate Debrief

We have seen through the examples studied there are a lot of costs associated with owning and operating a motor vehicle. Students should begin to consider which of the costs they discussed, is going to be the greatest when they purchase a vehicle.

.

Home Activity or Further Classroom Consolidation

Students should begin to consider that the greatest cost is of owning a motor vehicle is its purchase price. For the next lesson, students should consider the various institutes that offer car loans.

Automobiles: Diagnostic Assessment – Car Loans

SHSM Business CLA Part 2 MBF3CDescriptionAs a class students discuss the various institutes that offer car loans.Students work independently to research these financial institutions and complete the Car Loan Chart that compares three different financial institutions loan information.

MaterialsBlack line Master #3Internet AccessOverhead Projector

AssessmentOpportunities

Minds On…

Whole Class – Independent

As a group, generate a list of institutions that provide car loans. Answers may include:

Car dealerships Banks Credit Unions Student’s parents

Make sure that a wide variety of responses are presented and accepted. Provide further examples when required.

11

2007-8 Specialist High Skills Major (SHSM)

Action! Independent

Teacher provides students with the BLM #3 – Car Loan Chart and uses an overhead to discuss the organizer with the students. Students are to use the Internet to research different financial institutions that offer car loans. Discuss with students the following:

APR Length of Loan Monthly Payments Total Finance Charge Total to be repaid Total Cost of various Loan

The teacher may wish to work through an example on the board to illustrate how to calculate the above information.

Alternately, the teacher may wish to demonstrate, using a finance tool found on any bank website, the various parts of a car loan and how the total amounts can be calculated.

Students should hand in the completed organizer for assessment.

Consolidate Debrief

As the students work through the organizer, they will realize that there are significant costs to owning a car and that different institutions offer different rates and terms for car loans. Students looking to buy a car, should be aware that they should ‘shop around’ for the car loan that best suits their circumstances.

.

Home Activity or Further Classroom Consolidation

Have students complete the organizer for homework. If students do not have Internet access, they may visit a financial institute to obtain the information.

Automobiles: Fixed Costs vs Variable Costs

SHSM Business CLA Part 3 MBF3CDescriptionStudents investigate the fixed and variable costs associated with owning and operating a vehicle.

MaterialsBlack line MasterChart paperMarkersGraph paperCalculatorsPlacemat Paper

12

2007-8 Specialist High Skills Major (SHSM)

AssessmentOpportunities

Minds On…

Whole Class – Small GroupIn groups of 2 or 3, have students discuss the costs associated with vehicle ownership beyond buying or leasing. If they do not yet own their own car, think about the types of costs they may have seen on their family’s cars. Have them consider the following:

How much driving is done on the vehicle? Do their parents commute to work? How much driving is done for other activities?

What type of vehicle is owned and the amount of gasoline it consumes?

How old are the family vehicles owned and what type of repairs are done? What about replacement parts?

Choose one family vehicle and make a prediction on the yearly costs of operating the vehicle.

Groups record their findings on chart paper and share with class. Teacher facilitates discussion making reference to “Fixed Costs” and “Variable Costs”.

Make sure that a wide variety of responses are presented and accepted. Provide further examples when required.Have students think about how much driving affects the overall costs.

Action! Whole Class – Small Group

Once a car is owned or leased, the expenses that remain can be broken down into two categories; fixed costs and variable costs. As seen in the minds on discussion, these costs are different depending on where someone lives, the type of driving and distances driven, and the type of vehicle(s) owned.Fixed costs involve expenses that remain the same each month, such as Insurance, Loan or Lease Payments, Licence fees and taxes.Variable costs involve expenses that change in the amount or frequency, depending on how you drive, how much you drive, and the amount spent on service and repairs.

Example #1: Ryan works as a framer for a house builder. He lives 45 km away from the new subdivision he is working in. He just purchased a used vehicle, a 6 year old Pontiac Vibe for $6100. Ryan had some money for the down payment, but he had to borrow $4500 to finance the rest. His licence fee is $74.00 and his insurance is $2151.00 The Vibe has a fuel rating of 7.4 L/100km, and gas prices used can be current.

a) Complete a list of the fixed costs and variable costs that Ryan will have over the next year just to drive to work. Use the Black line master “FVC-2” to complete list.

When working through examples, students should work in their small groups on placemat paper. The teacher should consolidate with the whole class after each example.

Definition should be added to the student’s glossary of terms and the

13

2007-8 Specialist High Skills Major (SHSM)

b) Use the maintenance chart “MC-1” to calculate the overall maintenance charges.

Solution:

a) Fixed and Variable Costs: (Have students use the Black line Master FCV-2)

Fixed Costs:Financing: $4500 plus interest. If you have done interest calculations with your students, you can have them calculate the monthly finance costs. Otherwise it is sufficient to have students recognize this as a fixed cost.

Licence Fee: $74.00 yearly

Insurance: $2151.00 yearly

Variable Costs:Fuel: Have students think about the number of trips, then the number of km Ryan will drive to and from work.

Possible solution: Ryan makes 2 trips daily, 10 trips a week, based on 48-50 weeks a year. Students can come up with between 480-500 trips for the year. Have them multiply this by 45 km and the result is between 21600 to 22500 km total.

Students can then use ratios to base this on the fuel consumption of 7.4L/100 km for the Vibe. Have them calculate the number of litres consumed.

For 21600 km: 7.4L/100 km = 7.4 x 216 which produces 1598.4 LFor 22500 km: 7.4L/100 km = 7.4 x 225 which produces 1665.0 L

At this point, students can use the internet to research current gas prices and calculate the overall fuel cost to drive these distances. This is an excellent opportunity for a discussion on why these costs vary with the current fluctuating gas prices.

b) Maintenance Charges (use the Black line master MC-1 for prices)

Have students look at the Maintenance Chart MC-1 and determine through discussion which maintenance services will need to be performed. They should arrive at the following:

word should be added to the classroom word wall.

14

2007-8 Specialist High Skills Major (SHSM)

(This is based on 21600 -22500 km, which of course only includes trips to work not other driving. Students may want to estimate personal driving km and calculate maintenance costs based on this total. This can be at the teacher’s discretion. )

Oil change should be done every 5000km, therefore four will be needed.Price: 4 x $36.95 = $147.80Brakes & Tire Rotation should be done every 10000 km, therefore this will need to be done twice.Price: 2 x $43.95 = $87.90

Total: $147.80 + $87.90 = $235.70

Have students calculate GST & PST on this. If they have added additional km, they can complete the necessary maintenance according to the chart.

Fuel Efficiency: The fuel efficiency of a vehicle can be expressed as how far a vehicle will travel per unit of fuel. Most commonly this is expressed in litres per 100 km (L/100km), or in miles per gallon (mpg). Other factors that can alter the fuel efficiency are speeds, tire inflation, rapid acceleration and quick stops.

Example #2:

A Ford SUV has a 94L fuel tank and a fuel efficiency rating of 13.2 L/100 km.

a) How far can the SUV travel on a full tank of gas?b) Using a current gas price, determine the cost to fill

up the tank.c) How many litres of gas will the SUV use in order to

drive 620 km?

Solution: a) 13.2 L = 94 L 100 km x km

x = 94 (100) 13.2

x = 712.12 km

b) Current price of gas in $/L x 94 L will produce the cost to fill up the gas tank.

15

2007-8 Specialist High Skills Major (SHSM)

c) ) 13.2 L = x L 100 km 620 km

x = 13.2 (620) 100

x = 81.84 L

For questions in the consolidate/debrief section, the following graph FCG-1 on Fuel Consumption can be used

Curriculum Document/Quiz/MarkingScheme Assess students’ ability to apply their understanding of Fixed vs Variable Costs. Use the quiz called “QFVC”.

Consolidate Debrief

We have seen through the examples studied that the amount of driving has a direct relationship to the cost per kilometer of driving. Proper vehicle maintenance will extend the life of your vehicle, your overall fuel economy and your safety while you are driving.

Have students brainstorm to come up with four or five of the most important factors of overall car ownership.

Factors that they should have on their list are:

Lease or loan payments Insurance Costs Gasoline Costs Maintenance or service costs Part Replacement Vehicle Depreciation

Think-Pair-ShareA discussion can take place on the reasons why students placed which factors as most important. Also discuss why the Maintenance Chart indicates that service should be done by kilometres driven or the months that pass.

Students can use large chart paper here or use a placemat format.

Students can discuss their placement of the factors and reasons with the whole class.

Concept Practice

Home Activity or Further Classroom Consolidation

Students should complete questions on the Black line master “HAQ-1”.

Student responses will vary.

16

2007-8 Specialist High Skills Major (SHSM)COSTS OF OWNING A CAR

Initial Purchase

Price

Registration

And title costs

Sales tax and GSTFinancing

Costs

Insurance

Scheduled maintenanc

e

Storage

Service contracts

OTHER

17

2007-8 Specialist High Skills Major (SHSM)

COSTS OF OPERATING A CAR

18

2007-8 Specialist High Skills Major (SHSM)

CAR LOAN CHART ORGANIZER

Make and Model of Car to be Purchased: ______________

Purchase Price of Vehicle: _____________________

Compare three different financial institution’s car loan information

Amount of Loan $ _________

Financial Institution #1 Financial Institution #2 Financial Institution #3

APR

Length of Loan

Monthly Payments

Total Finance Charge

Total to be repaid

Total Cost of various loans

19

2007-8 Specialist High Skills Major (SHSM)FACTORS AFFECTING INSURANCE RATES

Gender Age Personal habits (smoking) Type of use (work, leisure) Marital status Frequency of use Location Type and color car Value and age of car Driving record (if applicable)

20

2007-8 Specialist High Skills Major (SHSM)

Car Insurance Organizer

Make and Model of your Car: _____________________

Person #1 – is you (given your age, gender, driving record, place of residence etc.)

Person #2 – is a 30-39 year old, member of the opposite gender, and lives in Toronto. This person has been in 1 minor accidents and commutes < 30/day to work.

Be sure to include the name of the Insurance Companies you researched in your organizer.

Amount of Insurance$ _____

Insurance Company #1 Insurance Company #2

Person #1 Cost of Insurance$ _______

Cost of Insurance$ _______

Person #2 Cost of Insurance$ _______

Cost of Insurance$ _______

21

2007-8 Specialist High Skills Major (SHSM)“EMS-1”

Estimated Maintenance Schedule

Based on the mileage your scenario has you driving; complete an estimated Maintenance Schedule for the first year. This can be done once, and then added to the Vehicle Pricing chart for each of your five vehicles. For your convenience, the Maintenance Chart MC-1 has been pasted below.

Vehicle Maintenance Chart

Recommended Service Frequency(km) Frequency(months) PriceOil Change, Lube & Filter 5000 3 $36.95Brake Inspection & Tire Rotation 10000 6 $43.95Front End Alignment 25000 12 $74.95Cooling System Flush 50000 24 $82.95Engine Tune Up 50000 30 $247.50Transmission 90000 60 $139.95Tire Replacement 100000 60 $650.00

Estimated Maintenance for my scenario:

22

2007-8 Specialist High Skills Major (SHSM)

“FCG-1”

Fuel Consumption Graph

Fuel Consumption23

Speed 10

11 249 388 8510 110

0 20 40 60 80 100 1200

5

10

15

20

25

Fuel Consumption

Fuel Consumption (L/100 km)

Speed (km/h)

Fuel

Con

sum

ption

(L/1

00km

)

23

2007-8 Specialist High Skills Major (SHSM) 24

2007-8 Specialist High Skills Major (SHSM)“FVC-2”

Fixed and Variable Vehicle Costs

This master can be used to assist in listing all fixed and variable costs for any question or situation.

Fixed and Variable Vehicle CostsFixed Costs: Variable Costs:

Total Fixed: Total Variable:

25

2007-8 Specialist High Skills Major (SHSM)“HAQ-1”

Questions to support Vehicle Costs Section

Complete each of the following questions on three ring paper showing full solutions. You may use the maintenance chart MC-1, the Fuel Consumption graph FCG-1, or the Fixed & Variable cost chart FCV-2.

1. Determine the amount of fuel needed to drive the indicated distances given the fuel consumption rating for each case.

a) small car driven 660 km at 4.6L/100kmb) large pickup driven 800 km at 17.5L/100kmc) SUV driven 430 km at 19.6L/100kmd) crossover driven 1575 km at 9.3L/100km

2. Victoria drove about 32000 km last year as a travelling salesperson. Her average cost of gasoline was $1.18/L. Her car has a fuel consumption rating of 8.9L/100km. Using the Maintenance Chart “MC-1”, calculate the total costs for maintenance and gasoline for Victoria for the year.

3. Categorize each vehicle expense as either a fixed cost or a variable cost. Explain the reasons for your choice.

a) Parking ticketsb) Oil changesc) Tire replacementd) Highway Tollse) Car loan paymentsf) Monthly parking passg) Fuel costsh) Transmission repairi) Speeding finesj) Licence sticker renewal

4. Using the graph FCG-1, estimate the fuel consumption of a vehicle travelling at:

a) 65 km/hrb) 100 km/hrc) 25 km/hr

5. Using the current cost of one litre of unleaded gasoline, calculate the following:

a) the cost of filling a 42 L tank on a Hyundai.

b) the cost of filling a mini-van that has a 68 L tank.

c) if the mini-van travels 720 km on a full tank of gasoline, calculate the fuel efficiency in litres per 100 km and in kilometres per litre.

26

2007-8 Specialist High Skills Major (SHSM)

“CL-1”

Vehicle Maintenance Chart

Regularly scheduled maintenance keeps vehicles in good working order and helps to maintain their value. Below is a vehicle maintenance chart that can be used for any questions that involve maintenance calculations in this unit.

Vehicle Maintenance Chart

Recommended Service Frequency(km) Frequency(months) PriceOil Change, Lube & Filter 5000 3 $36.95Brake Inspection & Tire Rotation 10000 6 $43.95Front End Alignment 25000 12 $74.95Cooling System Flush 50000 24 $82.95Engine Tune Up 50000 30 $247.50Transmission 90000 60 $139.95Tire Replacement 100000 60 $650.00

27

2007-8 Specialist High Skills Major (SHSM)

Quiz “QFVC”Quiz on Vehicle Operating Costs

Name: __________________________Knowledge: /10

Circle the correct response for each question.

1. A new Chrysler van costs $38,295 a year ago. If the depreciation on the van is 18%, how much is the van worth now?

a) $44805.15 b) $34867.35 c) $31401.90 d) $6893.10

2. Obtaining your first car is a substantial financial commitment. Whether you go new or used, decide to buy or lease, what is the most important factor to have?

a) how to change oil b) how to balance your fundsc) solid employment d) choose your car colour

3. Jenny drives 186 km to and from work each day, working on average 20 days a month. Her compact car has a fuel efficiency rating of 8.7 L/100km, and she pays $1.19/L for gas. How much money should she put aside for gas expenses each month?

a) $207.06 b) $385.13 c) $406.24 d) $317.89

4. A brand new Cadillac worth $42,895 sells a year later for $37318.65. The depreciation on this Cadillac is:

a) 14.5% b) 19% c) 87% d) 13%

5. David buys a new car with a monthly payment of $429.95. His yearly insurance is $2436.98, and his licence sticker is $74.00. His parking permit for the year at work is $203.40 How much should David budget for each month to cover these expenses?

a) $519.23 b) $656.15 c) $723.98 d) $842.60

6. Fast-car Willy drives his Mustang at 120 km/hr for 8 minutes, then at 130 km/hr for 4 minutes, then down to 90 km/hr for about 5 minutes. His overall

28

2007-8 Specialist High Skills Major (SHSM)fuel efficiency for the trip he makes compared to driving the entire 17 minutes at a steady 100 km/hr should be:

a) worse b) better c) about the same d) not sure

7. Sherene is considering purchasing a brand new Nissan car. The purchase price is $28,975, the freight and PDI is $749.00 She also wants to tint the windows, which is an additional $659.00 The total cost of her vehicle including 13% tax will be:

a) $34,149.75 b) $36,273.17 c) $34,332.79 d) $34,235.42

8. A driver following his regular maintenance schedule reads that he should have his tires rotated every 8000 km. If he drives on average a total distance of 42000 km a year, this means he should rotate his tires a total of:

a) 6 times b) 5 times c) 3 times d) 4 times

9. Maurizio delivers pizza for his neighbourhood pizzeria. His company says he can charge them for driving in four ways. Which method do you think Maurizio should use to be the most efficient for him?

a) by the time it takes for each delivery b) by the distance of each deliveryc) by a set fee for every delivery d) by the quantity of pizza bought

10. An antique car is offered for sale at a price of $59,235.00 The car is a 1916 roadster and is in working condition. If the car will appreciate in value at a rate of 4% per year, how much will the car be worth in 3 years?

a) $61,604.40 b) $64,068.58 c) $50,311.04 d) $66,631.32

29

2007-8 Specialist High Skills Major (SHSM)“Project Rubric”

Categories/Criteria Level 1 Level 2 Level 3 Level 4

THINKING

Uses appropriate strategies for researching information

Rarely uses appropriate tools and strategies to carry out investigations

Occasionally uses appropriate tools and strategies to carry out investigations

Frequently uses appropriate tools and strategies to carry out investigations

Consistently uses appropriate tools and strategies to carry out investigations

KNOWLEDGE & UNDERSTANDING

Demonstrates knowledge of the costs involved in purchasing, owning, and operating a vehicle

Shows understanding of calculating maintenance costs and insurance costs

Demonstrates limited knowledge of the costs involved in purchasing, owning, and operating a vehicle

Makes major errors or omissions in calculations

Demonstrates some knowledge of the costs involved in purchasing, owning, and operating a vehicle

Makes some minor errors or omissions in calculations

Demonstrates considerable knowledge of the costs involved in purchasing, owning, and operating a vehicle

Makes few minor errors or omissions in calculations

Demonstrates thorough knowledge of the costs involved in purchasing, owning, and operating a vehicle

Makes no errors or omissions in calculations

APPLICATION

Uses the internet or other tools to gather information that is specific to the criteria

Rarely able to use the internet or other tools to gather information that is specific to the criteria

Occasionally able to use the internet or other tools to gather information that is specific to the criteria

Usually able to use the internet or other tools to gather information that is specific to the criteria

Consistently able to use the internet or other tools to gather information that is specific to the criteria

COMMUNICATION

Justifies decision of vehicle choice with clear and complete explanations

Report is organized with reasoning of choices or alternatives

Justifies decisions of vehicle choice with incomplete or incorrect explanations

Report has limited organization; explanation of choice is incomplete

Justifies decision of vehicle choice with unclear or confusing explanations

Report has some organization; explanation of choice is somewhat clear

Justifies decision of vehicle choice with slightly unclear explanations

Report has considerable organization; explanation of choice is mostly clear

Justifies decision of vehicle choice with full and clear explanations

Report has a high degree of organization; explanation of choice is clear

30

2007-8 Specialist High Skills Major (SHSM)“SVC-1”

Vehicle Pricing InformationFor each of the five vehicles you choose, complete the sections of the pricing chart. Research the prices for many vehicles and choose five. You may use internet sites for the types of makes or you may even wish to visit a dealership or two to get actual price quotes and spec sheets for the vehicles. Consider the fuel efficiency ratings as well.

Information Vehicle 1 Vehicle 2 Vehicle 3 Vehicle 4 Vehicle 5Make & Model

List Price $

Options $

Total Price $

Down PaymentFinance Amount

Buy or Lease(indicate)

Insurance Costs

Estimated Maintenance

Costs

Fuel Efficiency Rating

Ranking Choice

31