Video Transcript: Algebra Applications: Data Analysis, Segment 3: What is a Subprime Mortgage?

Description: This is the transcript for the video of same title. Video contents: Having learned the general features of a mortgage, students learn the specifics of a subprime mortgage. With this comes the notion of a credit score, and with credit scores come the probabilities for a loan default. Students use the amortization table to run probability simulations to determine possible loan defaults on subprime mortgages.

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

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Video Transcript: Algebra Applications: Data Analysis, Segment 3: What is a Subprime Mortgage? PDF