Video: Algebra Applications: Data Analysis, Segment 4: What is an Adjustable Rate Mortgage?
Description:
Another factor in the mortgage crisis was the use of adjustable rate mortgages Students run a number of scenarios to test adjustable rate mortgages, while also taking into account the state of the housing market during the time of the mortgage crisis.
Grade Range:
6-12, college developmental math
Curriculum Standards:
CCSS.Math. Content. 6.SP.B.5, CCSS.Math. Content. 8.SP.A.1, CCSS.Math. Content.HSS -ID.B.6
Copyright:
©2011