Curated OER
Rising and Falling Fractions
Students explore outcomes from the conversion of fractions to decimals in stock market quotes and explore fluctuating interest rates using an amortization calculator.
Curated OER
Using an Amortization Table
Young scholars search the Internet to find a site that contains an amortization table and make a hypothesis about the results of changing time and rate. They examine the affects of time and rate on a mortgage and discuss the difference...
Council for Economic Education
Econ Ed Link: Car Loan Project
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.
Texas Instruments
Texas Instruments: Interest and Annuities
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.
Texas Instruments
Texas Instruments: Amortization Tables
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.
Texas Instruments
Texas Instruments: Finance App
This App allows students to work on advanced financial applications like Time-Value-of-Money (TVM), uneven cash flows, and amortization.
Other
Mortgage 101: Graduated Payment Mortgage
This page gives a brief description of gradutated payment mortgages.