Ponzi Scheme Pondering

The students must rationalize how a Ponzi email could make money or fall apart. Using their knowledge of exponential growth, the students can estimate the potential gains, but then are asked to think about why these schemes are illegal and tend to collapse.
Resource ID#: 32220 Type: Problem-Solving Task
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Direct Link: http://map.mathshell.org/materials/tasks.php?taskid=278&subpage=expert

General Information

Subject(s): Mathematics
Grade Level(s): 9, 10
Intended Audience: Educators educators
Suggested Technology: Computer for Presenter, Computers for Students, LCD Projector
Instructional Time: 15 Minute(s)
Keywords: Exponential Growth, Ponzi, Pyramid scheme
Instructional Component Type(s): Problem-Solving Task,  Worksheet,  Teaching Idea
Instructional Design Framework(s): Demonstration
Resource Collection: General Collection

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