Display Title
Closed Captioned Video: Algebra Applications: Data Analysis, 3
Display Title
Closed Captioned Video: Algebra Applications: Data Analysis, 3
Closed Captioned Video: Algebra Applications: Data Analysis, Segment 3: What Is a What is a Subprime Mortgage?
Having learned the general features of a mortgage, students learn the specifics of a subprime mortgage. With this comes the notion of a credit score, and with credit scores come the probabilities for a loan default. Students use the amortization table to run probability simulations to determine possible loan defaults on subprime mortgages.
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| Common Core Standards | CCSS.MATH.CONTENT.6.SP.B.5, CCSS.MATH.CONTENT.8.SP.A.1 |
|---|---|
| Duration | 7.65 minutes |
| Grade Range | 6 - 9 |
| Curriculum Nodes |
Algebra • Probability and Data Analysis • Data Analysis • Data Gathering |
| Copyright Year | 2020 |
| Keywords | algebra, data analysis, math of money, financial math, mortgage crisis, amortization, amortization table, subprime mortgage, Closed Captioned Video, time value of money, loan, loans, mortgage |