These questions involve compound interest, annuities, and amortizing a loan. Students will find the present and future value of investments; they will also find monthly payments and total interest paid on a loan. Solutions are provided.
Before the Activity
Download the attached LearningCheck™ file to students' calculators.
During the Activity
This LearningCheck(TM) appvar can be sent to your class using TI-Navigator.
After the Activity
Review student answers:
As a class, discuss questions that appeared to be more challenging
Re-teach concepts as necessary