Monthly Payment for Long Term Loan
by GERARDO CIAR
The lesson plan uses the formula derived by Sal from Khan Academy how to solve for the monthly payment of a long term loan whose interest is compounded monthly. The lesson also include how to find the correct amount of the last monthly payment, the total interest paid, and the total payment using the excel or google spreadsheet. The lesson can be extended by following the suggested discussion topics on the last slide.
Lesson Plan Link/URL
https://docs.google.com/presentation/d/1pPXXB9NPUm-tqC7kG1hR7xrSMdBI6Bp3mxjZ7rZ…Subject Area
Technology 5. Computational Thinker Mathematics Expressions and Equations (EE) Algebra (A)
Featured
Off
Related Content
Grades:
7th Grade, 8th Grade, 9th Grade, 10th Grade, 11th Grade, 12th Grade
Students will build the distance formula in a spreadsheet to create a sort of "calculator." Students begin by comparing standard math notation with spreadsheets, then practice programming simple math
Grades:
9th Grade, 10th Grade, 11th Grade, 12th Grade
This is the second lesson in a series of 2. In this lesson, students will learn about what watersheds are and then take a tour of the school campus looking at it through the lens of being a watershed
Grades:
9th Grade, 10th Grade, 11th Grade, 12th Grade
This is a two-day introductory lab exercise using video analysis to derive the equations that govern projectile motion. It employs elements of Modeling Instruction to engage students in doing science.