# Primary Maths, and Real Estate Rip-offs, and Life!

Who’d believe it?

The housing market goes up, Up, UP!

The prices go up, Up, UP!

So, the commission an estate agent receives goes up, Up, UP! For NO EXTRA WORK!! NONE!!

The normal real estate commission on a house is 2.5%.

So, a couple of years ago, the estate agent selling a house valued at, say, \$350,000 got a commission of \$8,750.

BUT, in the past 2 years, house prices have increased at an INCREDIBLE rate.

So that very same house would now probably be valued at maybe \$580,000.

So, to sell it, the agent gets 2.5% of \$580,000 which amounts to \$14,500.

That’s an increase of \$5,750. For NO EXTRA WORK! Not a thing! In fact, the estate agent’s job has actually become far EASIER, not harder!

Teachers can use this type of situation to help their students understand the importance of maths in everyday life. Not understanding it can have very significant financial consequences.

Or is all this too hard for our primary students?

I don’t think so! Do you?

# Teachers — Your Nescafe Maths Opportunity!

Sometimes an opportunity to teach Maths in a REALISTIC way presents itself in the least-expected places.

Take NESCAFE, for example! (Yes, please!!)

The makers of this wonderful beverage recently launched (in July, 2015) a “new and improved” Café Menu range of Nescafe. The range contained no fewer than 14 types of coffee in sachets — including hazelnut latte, white chocolate mocca, strong cappuccino and many others.

BUT . . .

Heaps of disgruntled Nescafe-lovers aren’t at all happy with the new product. They claim that the recipe of their “good old Nescafe” that they have loved for years has been changed — for the worse! And they have expressed their fury on social media — Facebook and the like.

How does this relate to Maths?

Well, it’s pretty easy to build up an interesting Maths problem from this. For example, if 2,400 people tried the new Nescafe sachets, and 60% of them weren’t happy with the new product line, how many people WERE happy with it?

Easy!

And interesting!

Any year 5 student should be able to work that out without even blinking. “SHOULD” is the key word, though!

The moral: Let’s make Maths interesting and relevant!