Calculate Interest and Future Values of Simple and Compound Interest Loans

Chapter 13 Consumer Mathematics: Buying and Saving

Section 13.1 Simple and Compound Interest ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Simple Interest ,[object Object]

Example 1 ,[object Object],[object Object],[object Object],[object Object]

Example 1, cont’d ,[object Object],[object Object]

Example 1, cont’d ,[object Object],[object Object],[object Object]

Future Value ,[object Object],[object Object]

Example 2, cont’d ,[object Object]

Example 3 ,[object Object],[object Object],[object Object]

Ordinary Interest ,[object Object],[object Object],[object Object]

Compound Interest ,[object Object],[object Object]

Example 6 ,[object Object],[object Object]

Example 6, cont’d ,[object Object],[object Object],[object Object],[object Object],[object Object]

Compound Interest ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Example 7 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Example 7, cont’d ,[object Object],[object Object],[object Object],[object Object]

Section 13.2 Loans ,[object Object],[object Object],[object Object],[object Object],[object Object]

13.2 Initial Problem ,[object Object],[object Object],[object Object],[object Object]

Simple Interest Loans ,[object Object],[object Object],[object Object]

Amortized Loans ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Amortized Loans, cont’d ,[object Object],[object Object],[object Object]

Example 2, cont’d ,[object Object],[object Object],[object Object],[object Object]

Rent-to-Own ,[object Object],[object Object]

13.2 Initial Problem Solution ,[object Object],[object Object]

Initial Problem Solution, cont’d ,[object Object],[object Object],[object Object]

Initial Problem Solution, cont’d ,[object Object],[object Object]

Section 13.3 Buying a House ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

13.3 Initial Problem ,[object Object],[object Object],[object Object]

Affordability Guidelines ,[object Object],[object Object],[object Object]

Affordability Guidelines, cont’d ,[object Object],[object Object],[object Object]

Example 2 ,[object Object],[object Object]

Mortgages ,[object Object],[object Object],[object Object]

Mortgages, cont’d ,[object Object],[object Object],[object Object],[object Object],[object Object]

Example 3 ,[object Object],[object Object],[object Object],[object Object],[object Object]

Down Payment ,[object Object],[object Object],[object Object]

[object Object],[object Object]

13.3 Initial Problem Solution ,[object Object],[object Object]

Initial Problem Solution, cont’d ,[object Object],[object Object],[object Object],[object Object]

Initial Problem Solution, cont’d ,[object Object],[object Object],[object Object],[object Object],[object Object]

Dave Ramsey’s website ,[object Object]

Chapter 13 Assignment due Tues August 12 ,[object Object],[object Object],[object Object],[object Object]

Calculate Interest and Future Values of Simple and Compound Interest Loans

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