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
This is an investment lesson where students will learn about how to code with loops and logical statements and they will test what they learn by developing code to fly their drones. This one lesson
Grades:
7th Grade, 8th Grade, 9th Grade, 10th Grade, 11th Grade, 12th Grade
Students will combine science and art by using an alternative photographic process called cyanotypes or sun prints. After a short introduction to the history of cyanotypes and the process of creating
Grades:
7th Grade, 8th Grade, 9th Grade, 10th Grade, 11th Grade, 12th Grade
This is a lesson geared toward junior high and high school classes to introduce students to the idea of cryptography and encryption. This lesson could be simplified for younger students by removing