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Common Core: Math
Grades: Grade 11
- Student Outcomes Students use the sum of a finite geometric series formula to develop a formula to calculate a payment plan for a car loan and use that calculation to derive the present value of an...
- Student Outcomes Students will compare payment strategies for a decreasing credit card balance. Students will apply the sum of a finite geometric series formula to a decreasing balance on a credit...
- Student Outcomes Students model the scenario of buying a house. Students recognize that a mortgage is mathematically equivalent to car loans studied in Lesson 30 and apply the present value of...
- Student Outcomes Students use geometric series to calculate how much money should be saved each month to have 1 million in assets within a specified amount of time.