Using mortgage formulas, students find mortgage payments, amount borrowed, and principal paid. With annuity formulas, students answer questions about saving for the future. Solutions and verifications are given for all questions.
Before the Activity
Download the attached LearningCheck™ file to students' calculators.
During the Activity
This LearningCheck™ appvar can be sent to your class using TI-Navigator.
After the Activity
Review student results:
As a class, discuss questions that appeared to be more challenging
Re-teach concepts as necessary