TEACH THEM FINANCIAL SUCCESS! This 7 page math project is laid out into two parts, understanding mortgages and understanding compound interest. They can be used together, or separately.
One application of strong math skills is in the world of finance. Whether you are giving advice, designing your own financial future, or simply making short-goal decisions about your money, math is almost always a concern. Exponential equations model many financial situations, including the purchase of a house and building wealth in an investment. In this mini-project, students will be exploring different aspects of these two situations.