Promethean Flipchart Library for Algebra: What Is a Mortgage?
Students explore the dramatic events of 2008 related to the mortgage crisis. Brought about principally through mortgage defaults, the effect on the overall economy was severe. Yet, this situation offers an ideal case study for the exploration of key concepts in data analysis and probability. By exploring these questions students get a front row seat to the historical events of the world’s largest economy.
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.
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 #: M4MPROMETHALG14
