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Material Detail

Monthly Mortgage Payment

Monthly Mortgage Payment

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.... Show More
Keywords:
stem education, workforce development, technician training, advanced technological education
Disciplines:
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More about this material

Material Type:
Assignment
Date Added to MERLOT:
August 3, 2016
Date Modified in MERLOT:
August 3, 2016
Author:
Submitter:
Barbra Bied Sperling
Hispanic Serving Institution
Primary Audience:
College General Ed, College Lower Division, College Upper Division, Graduate School, Professional
Technical Format:
Word doc
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
No
Source Code Available:
No
Accessibility Information Available:
Unknown
Creative Commons:
No

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