This worksheet incorporates simple interest into a "real world" scenario. Your students will watch a House Hunters episode of your choice (easily found on You Tube), making sure to write down the prices of the three homes in the episode. After watching the episode, they will then calculate the monthly payment and simple interest for a 15 year and 30 year mortgage for each house.
In today's world, loans and debt are common concepts. Students think anyone can receive a loan and that it comes with very little consequences. Sit back and watch their shock as they realize what it truly means to have a $250,000 mortgage.
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