Math TODAY - Home Sales Records

Author

USA TODAY Education

Alignment

Standards Alignment

Textbook Alignment

Subject Area

Math: Algebra I: Exponential Functions

Level

9-12

Activity Time

50 Minutes

TI Calculator

TI-84 series

Applications

CellSheet™ for TI-83 Plus and TI-84 Plus

Resource Types

Lessons

Report an Issue

Math TODAY - Home Sales Records

Activity Overview

This activity will help students think about the monthly cost to pay back a home loan, how the length of time of the loan and the rate of interest affect monthly payments, and the total cost paid for the house over the length of time for the loan.

Before the Activity

See the attached Teacher Edition PDF file for notes and guidelines for this activity. The Technology Guide PDF file includes step-by-step calculator instructions with screen shots.

During the Activity

Students will:

Use USA TODAY® to find interest rates for 30-year and 15-year loans.

Express percentages in decimal notation.

Use a spreadsheet to compute the monthly payment, total amount paid, and ratio of total amount paid to loan amount for a home mortgage.

Directions:

Distribute the Student Edition PDF file to your class.

Follow the activity procedures outlined in the student document.

You may use the Transparency PDF file to display a larger image of the USA TODAY® graphic during the activity.

Download Files

Download All Files (ZIP)

Before the Activity Files

3-04_homesalesrecords_MTC_TE.pdf 3-04_ HomeSalesBoom_MTC_ TG_FINAL.pdf TI-Navigator Basic Skills[1].pdf

During the Activity Files

3-04_homesalesrecords_MTC_SE.pdf 3-04_ HomeSalesBoom_MTC_ TR_FINAL.pdf

Author

USA TODAY Education

Alignment

Standards Alignment

Textbook Alignment

Subject Area

Math: Algebra I: Exponential Functions

Level

9-12

Activity Time

50 Minutes

TI Calculator

TI-84 series

Applications

CellSheet™ for TI-83 Plus and TI-84 Plus

Resource Types

Lessons

Report an Issue

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Math TODAY - Home Sales Records

CellSheet™ for TI-83 Plus and TI-84 Plus

Math TODAY - Home Sales Records

Before the Activity Files

During the Activity Files

CellSheet™ for TI-83 Plus and TI-84 Plus

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