There's no place like home. Future home owners investigate the cost of buying a house in the 33rd installment of a 35-part module. They come to realize that the calculations are simply a variation of previous formulas involving car loans and annuity payments.

Concepts

buying a house, mortgages, financial literacy, geometric series

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Additional Tags

math

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Instructional Ideas

• Have the class investigate home prices in the area
• Invite a real estate agent to give a presentation

Classroom Considerations

• Be sure learners are comfortable with skills and concepts from previous lessons as this lesson relies heavily on those skills

Pros

• Scaffolding tips include a list of questions to elicit discussion
• Answer key in teacher guide contains detailed solutions and explanations

Cons

• None

Common Core

HSA-SSE.B.4