Math Widgets IV is designed to help kids with improve their financial literacy. The app has four modules or sections: Savings Accounts, Buying a Car, Buying a Home and Credit.
Students enter numbers into appropriate fields and target specific calculations. Randomly generated questions ask students to solve problems involving financial situations, for example: "Jake got $100 for his 10th birthday. If he saves the money at 1.5%, how much interest will he have earned when he is 20 years old if the account is compounded monthly?"
The purpose of the app is to help kids become more aware of the implications of financial decisions.