Promethean Flipchart Library for Algebra: Subprime Mortgages
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.
Key concepts: time value of money, data analysis
Each Flipchart includes:
- Nearly 20 minutes of video content
- Teaching notes
- Overview of key math concepts
- Hands-on, technology-based activities that use the TI-Nspire graphing calculator or the Geogebra software.
Format: Promethean Flipchart. Requires Active Inspire software.
Copyright: 2011
Grade Range: 8-10
Price: $9.99 per download
- Item #: M4MPROMETHALG15
