The Mathematics of Compounding Interest in Loans and Amortization

Credit, Debt, and Financing Higher Education

Updated 1 month ago

Calculate loan payments and total finance charges across different interest rates, loan terms, and compounding schedules.

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Credit, Debt, and Financing Higher Education

9th Grade · Social Studies · US-OR-SS

7 lessons

Goal

Evaluate sources of credit, understand credit scoring algorithms, master debt amortization, and conduct cost-benefit analyses on higher education financing.

7 lessons

0 of 7 done

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The Mathematics of Compounding Interest in Loans and AmortizationYou are here
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Learning standards covered

HS.37Oregon Social Studies Standards · All ages

Compare and contrast the various types of loans available, how to obtain them and the function of compounding interest and explain the costs and benefits of borrowing money for post-secondary education.