Finding interest rate(s) for charge accounts (unpaid balance);determining mortgage insurance and mortgage payments (fixed rate) for 15, 20,25 years and 30 years - amount saved if mortgage is paid in 25 years instead of 30 years. To obtain bank loan - rule is 2 1/2 times yearly salary. To rent a house - renter's rule is rent should be no more than one week's wages. Financing a car - cost of car less down payment - amount left to borrow - determine monthly payments times length of loan (48-72 months) - then find deferred price of car.
Assignment
None
Session Minutes
180
Minutes Student Attended
180
Lesson Comments
Georgia is a real trooper! She is determined to get the work done and is anxious to graduate -(she has a part-time job but wants more hours after she finishes school).
Learn to find commission of sales and add to salary to determine total earnings- find out how much to tip based on price of meal and number of people at table - then find amount each person owes - add tips to hourly wage to determine income - find unit rate to determine better buy - find discount on sale items, then find sale price. Learn to rename decimals as percents and rename fractions to the simplest form.
Assignment
None
Session Minutes
180
Minutes Student Attended
180
Lesson Comments
Georgia's computer was down for the first 18 minutes. She worked well completing the assignments I gave her. We are reviewing concepts from previous lessons in preparation for the exam.