Promethean Flipchart: Algebra Applications: What Is a Subprime Mortgage?
Having learned the general features of a mortgage, students learn the specifics of a subprime mortgage. With this comes the notion of a credit score, and with credit scores come the probabilities for a loan default. Students use the amortization table to run probability simulations to determine possible loan defaults on subprime mortgages. Note: The download for this resources is the Promethean Flipchart.
To view the full video [Algebra Applications: Data Analysis, Segment 3: What is a Subprime Mortgage?]: https://www.media4math.com/library/algebra-applications-data-analysis-segment-3-what-what-subprime-mortgage
This video includes a video transcript [Video Transcript: Algebra Applications: Data Analysis, Segment 3: What is a Subprime Mortgage?]: https://www.media4math.com/library/video-transcript-algebra-applications-data-analysis-segment-3-what-subprime-mortgage
|Common Core Standards||CCSS.MATH.CONTENT.6.SP.B.5, CCSS.MATH.CONTENT.8.SP.A.1|
|Grade Range||6 - 12|
• Probability and Data Analysis
• Data Analysis
|Keywords||Promethean Flipchart, Flipchart, algebra, applications, Mortgages, loans, finance|