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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%20Hou...
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
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
University First Cycle
Language: English
Access Rights: Free access
Source: Scout Staff
Full Record Views: 25
Resource URL Clicks: 12
Cumulative Rating: NOT YET RATED
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