ANALYZE: Understanding Amortization

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UNDERSTANDING AMORTIZATION is an activity designed to help students: (1) Develop an understanding of how a loan is repaid by analyzing an amortization table, (2) Use the repayment schedule for a personal loan for a vacation to see how changes to monthly payments can affect total interest paid and the term of payment.

Provider
Next Gen Personal Finance (NGPF)
Author
Next Gen Personal Finance
Price
Free
Published / Released Year
2018
Resource Categories
Tools
Resource Type
Workbook/Activity Sheet
Target Users
Teacher, classroom or after school
Grade Level
9th grade, 10th grade, 11th grade, 12th grade
Languages
English
Order Phone Number
6502188408
Jump$tart Standards
  • CD1 - Analyze the costs and benefits of various types of credit

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