We will do some numerical examples of a balloon mortgage. We will note advantages and disadvantages of these mortgages.

Review for Test on Chapter 18 Investing Fundamentals.

We will look at mathematical examples of adjustable-rate mortgages.

We went over the types of bonds and dividends.

Chapter 18 Investing Fundamentals – We learned about some common mistakes made by beginning investors. We discovered why it’s a bad idea to borrow to invest or taking too much risk when investing. Then we looked at the benefits of diversifying your investments. We learned about some common financial scams such as Ponzi schemes, debt collection schemes, fake check overpayment fraud, as well as others.

We will look at fixed rate mortgages and discuss the costs and benefits. We will find costs for several hypothetical situations.

I planned for class.

We will do foreign currency exchange calculation examples, as well as calculating MPG and tips.

We calculated the payment on a mortgage and did a partial amortization schedule without the use of technology.

Chapter 18 Investing Fundamentals – We learned about the relationship between risk and return. Then we learned how to calculate the return rate of an investment. We learned not to make decisions based on unrealistic goals. We discovered that stock investments should yield a 10 percent return on the investment.