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How financial institutions use the monthly mortgage payment and mortgage amortization formulas can be a confusing concept to grasp. This lesson asks students to find a current interest mortgage rate for their city and...
This word document introduces a lesson that helps students work out how much they would actually pay for a house with a 30-year fixed-rate mortgage, with interest included, after 30 years. The material involves working...
This Office Administration course was created by a team of educators at Florida Community College at Jacksonville to combine business and math. In-depth lessons are provided that address mathematics in consumer finance...
This lesson helps students understand financial topics (interest rates, FICO scores and loan payments) in a mathematical context. Students will calculate monthly payments for a car or home based on the best interest...
This algebra lesson helps students connect how logarithms work to the real world example of financing a car. Students will use a formula to calculate the number of months it will take them to pay off a car loan based on...
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