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Video Transcript: Algebra Applications: Data Analysis, Segment 2: What Is a Mortgage?

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
Curriculum Nodes Algebra
    • Probability and Data Analysis
        • Data Analysis
Copyright Year 2011
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