Understanding Amortization
2020.12.01 9:31 am - 10:14 am
Teaching point: How can we reduce the amount of interest we pay over the course of a loan?
Do now
Do now
Solve the puzzle to the right. Type your answer in the chat but DO NOT press enter until I tell you to do so.
Solve the puzzle to the right. Type your answer in the chat but DO NOT press enter until I tell you to do so.
Agenda
Agenda
Do now (5 - 10 minutes)
Do now (5 - 10 minutes)
Understanding how loan payments work (10 - 15 Minutes)
Understanding how loan payments work (10 - 15 Minutes)
Understanding Amortization Assignment (10 - 15 Minutes)
Understanding Amortization Assignment (10 - 15 Minutes)
Closure (5 minutes)
Closure (5 minutes)
Understanding Amortization CW
Understanding Amortization CW
You will now look at an amortization table to understand how loan repayments work. Access the assignment below or in Google Classroom to get started.
You will now look at an amortization table to understand how loan repayments work. Access the assignment below or in Google Classroom to get started.
Closure
Closure
The marking period ends December 9. We will have one more quiz before then. It will be this Friday, December 4. Please remember that, as per the syllabus, assignments submitted late will not receive full credit and will not be graded immediately. You will likely have to wait until the end of the Marking Periods to see your grade change. Please do not email me to grade assignments that are submitted late.
The marking period ends December 9. We will have one more quiz before then. It will be this Friday, December 4. Please remember that, as per the syllabus, assignments submitted late will not receive full credit and will not be graded immediately. You will likely have to wait until the end of the Marking Periods to see your grade change. Please do not email me to grade assignments that are submitted late.