login
You are not logged in.
search:
AMSER logo



LAR: Yes
Title: Extra Housepayments Effect DOC
Url: http://www.ciese.org/pathways/rwlo/rwlos/4202/Extra%20housepayment%20...
Publisher: Real World Learning Objects (RWLO)
Description: 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 state. This rate is then applied to an Internet based mortgage calculator to discover the effect that paying extra on a monthly house payment has on total interest paid and length of the loan. A student worksheet is included in the document.
LC Classification: Science -- Mathematics -- Algebra
Science -- Mathematics -- Algebra -- Problems, exercises, examinations
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: Instructional Materials
InteractiveResource (DCMI Type Vocabulary)
Lesson Plans
Mathematics Materials
Teaching Guides
Text (DCMI Type Vocabulary)
Worksheets
Format: doc
Audience: College/University Instructors
General Public
Higher Education
Secondary Education
Students
Teachers
University First Cycle
Language: English
Access Rights: Free access
Date Of Record Release: 2011-01-05 03:00:02 (W3C-DTF)
Date Last Modified: 2010-12-10 12:17:48 (W3C-DTF)
Source: Scout Staff  Scout Staff
Full Record Views: 106
Resource URL Clicks: 17
Cumulative Rating: NOT YET RATED
Report a Problem with this Resource Record

Resource Comments

(no comments available yet for this resource)

user login
Username:
Password:
why log in?
Manage your resources
Save, organize, and share resources that you find.

Subscribe to bulletins
Automatically be notified about new resources that match your interests.

It's easy, fast, and FREE!
AMSER =
FREE ONLINE
RESOURCES
for the
CLASSROOM

Copyright 2015 Internet Scout Resource Metadata
Copyright 2015 Internet Scout
NSF NSDL University of Wisconsin Internet Scout
Leave Feedback
http://amser.org/