Applied Math and Science Education Repository - Interest Rates, FICO Scores and Loan Payments

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Title:

Interest Rates, FICO Scores and Loan Payments

Url:

http://www.ciese.org/pathways/rwlo/rwlos/2485/Interest%20Rates%20and%2...

Publisher:

Real World Learning Objects (RWLO)

Description: 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 rates available to them. Student materials, including a worksheet, are available on the site.

LC Classification:

Science -- Mathematics -- Algebra
Science -- Mathematics -- Problems, exercises, examinations
Science -- Mathematics -- Study and teaching. Research
Social sciences -- Finance -- Banking -- Interest rates

GEM Subject:

Mathematics -- Instructional issues
Social studies -- Economics
Mathematics -- Algebra

Key Concept:

Mathematics -- Algebra
Economics -- Interest

Resource Type:

Instructional Material
Instructional Material -- Problem Set
Instructional Material -- Lesson/Lesson Plan
Instructional Material -- Interactive Simulation
Instructional Material -- Instructor Guide/Manual

Format:

Document -- HTML

Audience:

Educator
Learner

Education Level:

High School
Higher Education
Higher Education -- Undergraduate (Lower Division)

Language:

English

Access Rights:

Free access

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Source:

Scout Staff

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NOT YET RATED

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