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:
9th Grade, 10th Grade, 11th Grade, 12th Grade
The goal of this module is to learn about the production of musical sounds through the vibrations in stringed instruments. The module is expected to take place over approximately 4 class periods.
Grades:
9th Grade, 10th Grade, 11th Grade, 12th Grade
Students pull wooden "sleds" with different masses on them over various types of surfaces with spring scales (force meters) to calculate the different coefficients of friction. Students graph the data
Grades:
Kindergarten, 1st Grade, 2nd Grade, 3rd Grade, 4th Grade, 5th Grade, 6th Grade, 7th Grade, 8th Grade, 9th Grade, 10th Grade, 11th Grade, 12th Grade
Students (or teacher) create an escape room to align with any math (or science or any subject) standards. Can incorporate various technology (chromebooks, laser pointers, etc and students will need to