Video Transcript: Algebra Applications: Data Analysis, Segment 2: What Is a Mortgage?
This is the transcript for the video of same title. Video contents: The time value of money is at the basis of all loans. Students learn about the key factors that determine monthly mortgage payments and use the TI-Nspire to create an amortization table. This table is used throughout the rest of the program to explore different scenarios.
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|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||finance, amortization, mortgage, compound interest, loan, mortgage crisis, time value of money, algebra resources for teachers, algebra resources for teachers and students, video transcript|