ACTIVITY 1G: THEN AND NOW                           

Description

Students compare and order stock prices in fraction and decimal forms.

Math Objectives

The student will be able to:

• Compare decimals to mixed numbers

• Order decimals and mixed numbers

• Express a statement using appropriate mathematical symbols

Stock Market Concepts

Decimalization

Stock Prices

Connections and Extensions

Math: Students write their own mathematical expressions in word (expanded) form then exchange

with another student who will translate the expression into numerical form. Students exchange again

and discuss the accuracy of the expressions. (Example: one and one-third is greater than one would be

translated to 11/3 > 1.)

Writing: Students respond to the prompt, “Would you prefer to have stock prices listed in fraction or

decimal form? Why?”

Research: Students research the origin of the base 10 decimal system and other numbering systems.

Potential questions to answer include:

Who developed it?

When was it developed?

Why was it developed?

How was it used?

Is it still used today? If so, how?

ACTIVITY 1G: THEN AND NOW

Many investors purchased stocks when prices were listed in fractions. Now they must compare these

prices to the current decimal version. Determine which stock price is greater in each pair below by

completing each statement with the appropriate symbol (<, >, or =).

1. 32½ _____ 32.5

2. 35/8 _____ 3.6

3. 12.4 _____ 123/16

4. 193/8 _____ 19.6

5. 21.75 _____ 21¾

6. 72¼ _____ 72.25

7. 261/8 _____ 26.10

Place the stock prices below in order from least to greatest.

8. $32.50, $321/3, $315/8, $35¼

9. $4¼, $3.95, $37/16, $4.30

10. $27.30, $27.34, $271/3

11. $1001/8, $100.10, $1001/5

Re-write the statements below using the appropriate mathematical symbols.

12. A stock’s old price of $421/8 is more than the current price of $41.10

13. A stock selling for $33.50 has the same value as one that used to be $331/2.

 

The Young Investor Webpage is funded in part by a grant from the Investor Protection Trust, www.investorprotection.org

ANSWER KEY

Young Investors' Webpage

MCEE Home