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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
Curriculum Nodes Algebra
    • Probability and Data Analysis
        • Data Analysis
Copyright Year 2011
Keywords Promethean Flipchart, Flipchart, algebra, applications, Mortgages, loans, finance