Closed Captioned Video: Algebra Applications: Data Analysis, Segment 2: What Is a Mortgage?
The time value of money is at the basis of all loans. Students learn about the key factors that determine monthly mortgage payments and use the TI-Nspire to create an amortization table. This table is used throughout the rest of the program to explore different scenarios.
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|Common Core Standards||CCSS.MATH.CONTENT.6.SP.B.5, CCSS.MATH.CONTENT.8.SP.A.1|
|Grade Range||6 - 9|
• Probability and Data Analysis
• Data Analysis
• Data Gathering
|Keywords||algebra, data analysis, math of money, financial math, mortgage crisis, amortization, amortization table, Closed Captioned Video|