When you buy a home for $100,000, you pay $100,000—right?  On the list of important things for individuals to understand, the lesson presents the concept of interest rates and loan amortization using spreadsheets and online sources....

Upper graders explore the connection between interest and principal. They use an amortization schedule to determine the amount of principal paid vs interest on a $100,000 home loan. Fourteen discussion questions and a research-based...

Students explore outcomes from the conversion of fractions to decimals in stock market quotes and explore fluctuating interest rates using an amortization calculator.

Pupils create budgets based upon family expenditures. They determine what the monthly payments will be for buying a car and a house based on compound interest for the total amount. 

Students experiment with an Excel spreadsheet model that demonstrates the effects of interest on payments. They calculate actual costs, interest paid, and time necessary to pay off credit purchases and draw conclusions about the...

Study various types of mathematical models in this math lesson. Learners calculate the slope to determine the risk in a situation described. They respond to a number of questions and analyze their statistical data. Then, they determine...

Future car owners use geometric sums to calculate payments for a car loan in the 31st installment of a 35-part module. These same concepts provide the basis for calculating annuity payments.

In this business worksheet, students write out a research study looking at the potential for a new business or the profits of an existing one.

Students pretend to borrow $1000.00 on a credit card. They pretend to make the minimum payments for a year. When they're done, they make a pie chart showing how much of their payments reduced their debt, and how much was interest.

Students determine that air pollution control is caused by a combination of market incentives and government regulation. They realize that businesses exist to make profits for their owners and that governments make rules for individuals...

Students create a spreadsheet to track their spending. In this algebra lesson, students use loan formulas to calculate the payback amount plus interest on a loan. They calculate how much money they would need to buy a car and house.

How to amortize a loan using an Excel spreadsheet.

In this activity, students carry out financial computations, involving amortization. Students will prepare amortization tables indicating principal payments, interest payments, and the balance on a loan for each time interval.

A set of examples and exercises that cover how to solve mortgage problems by using exponents and logarithms.

This lesson takes students through the process of buying a car. A great real-life application that helps introduce students to all of the nuances associated with purchasing a car, such as interest rates, loan applications, and amortization.

These questions involve compound interest, annuities, and amortizing a loan. Students will find the present and future value of investments; they will also find monthly payments and total interest paid on a loan. Solutions are provided.

This App allows students to work on advanced financial applications like Time-Value-of-Money (TVM), uneven cash flows, and amortization.

This page gives a brief description of gradutated payment mortgages.