Type:

Other

Description:

This lesson helps students to understand how home mortgages work. They will learn to substitute values into an algebraic formula using order of operations, interpret interest rates for home mortgages, navigate a real estate website to find a home in a desired city and calculate monthly mortgage payments for different terms. A student worksheet for this lesson can be downloaded here.

Subjects:

  • Mathematics > General

Education Levels:

  • Grade 1
  • Grade 2
  • Grade 3
  • Grade 4
  • Grade 5
  • Grade 6
  • Grade 7
  • Grade 8
  • Grade 9
  • Grade 10
  • Grade 11
  • Grade 12

Keywords:

Informal Education,Higher Education,NSDL,NSDL_SetSpec_ncs-NSDL-COLLECTION-000-003-112-106,Economics,Undergraduate (Lower Division),oai:nsdl.org:2200/20130508142845221T,High School,Vocational/Professional Development Education,Mathematics,Social Sciences

Language:

English

Access Privileges:

Public - Available to anyone

License Deed:

Creative Commons Attribution Non-Commercial Share Alike

Collections:

None
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