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LAR: Yes
Title: How Much Does This House Really Cost? DOC
Url: http://www.ciese.org/pathways/rwlo/rwlos/2497/What%20Does%20this%20Ho...
Publisher: Real World Learning Objects (RWLO)
Description: 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 out a real-world mathematical problem while helping students understand how long-term credit works. The lesson should require 45-60 minutes to require.
LC Classification: Science -- Mathematics -- Algebra
Science -- Mathematics -- Algebra -- Study and teaching. Research
Social sciences -- Finance -- Banking -- Interest rates
Social sciences -- Finance -- Investment, capital formation, speculation -- Securities -- Mortgages. Mortgage-backed securities
GEM Subject: Mathematics -- Instructional issues
Social studies -- Economics
Mathematics -- Algebra
Key Concept: Mathematics -- Algebra
Economics -- Interest
Key Concepts Complete: Yes
Resource Type: Demonstrations
Instructional Materials
InteractiveResource (DCMI Type Vocabulary)
Lesson Plans
Mathematics Materials
Teaching Guides
Text (DCMI Type Vocabulary)
Format: doc
Audience: College/University Instructors
Higher Education
Secondary Education
Students
Teachers
University First Cycle
Language: English
Access Rights: Free access
Date Of Record Release: 2011-01-17 03:00:03 (W3C-DTF)
Date Last Modified: 2010-12-10 10:46:08 (W3C-DTF)
Source: Scout Staff  Scout Staff
Full Record Views: 121
Resource URL Clicks: 26
Cumulative Rating: NOT YET RATED
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