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Video Transcript: Algebra Applications: Data Analysis, Segment 3: What is a Subprime Mortgage?

This is the transcript for the video of same title. Video contents: 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.

To view the full video: https://www.media4math.com/library/algebra-applications-data-analysis-segment-3-what-what-subprime-mortgage

A Promethean Flipchart is available for this video: https://www.media4math.com/library/promethean-flipchart-algebra-applications-what-subprime-mortgage

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    Common Core Standards CCSS.MATH.CONTENT.6.SP.B.5, CCSS.MATH.CONTENT.8.SP.A.1
    Grade Range 6 - 12
    Curriculum Nodes Algebra
        • Probability and Data Analysis
            • Data Analysis
    Copyright Year 2011
    Keywords finance, amortization, mortgage, compound interest, loan, mortgage crisis, time value of money, algebra resources for teachers, algebra resources for teachers and students, video transcript

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