Math Applications 12

In this mortgages instructional activity, students solve 2 different problems that include 2 or more parts to each one. First, they determine the total amount a couple will pay for their house, how much the cost is interest, and what portion of the first payment will go towards principal. Then, students determine the maximum monthly payment the bank says they can afford and if they qualify for a 30-year mortgage.

Higher Ed Math 3 Views 8 Downloads
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