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Video Transcript: Algebra Applications: Data Analysis, Segment 3: What is a Subprime Mortgage?
Display Title
Video Transcript: Algebra Applications: Data Analysis, Segment 3: What is a Subprime Mortgage?
Video Transcript: Algebra Applications: Data Analysis, Segment 3: What is a Subprime Mortgage?
This is the transcript for the video of same title. Video contents: 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.
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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 |
