Math 11(FINITE Math) Project:
The following project is worth 40 points.. The project is due on October 12 and you can turn it in earlier if you want.
Details:
Part 1 - Pretend to buy a car
1. Find an advertisement of a car that is for sale. Any car is fine. You can buy the car of your dreams or something practical that you might want today. Upload a screenshot of the advertisement.
2. Find an advertisement for a five year car loan to find an interest rate. You can find these on bank pages or some car dealership webpages. Upload a screenshot of the advertisement.
3. Use the formulas from Chapter 6 to determine what your monthly payments would be if your loan lasted 5 years. Upload a screenshot of your written work.
Part 2 - Pretend to buy a house
1. Find an advertisement of a house that is for sale. Any house is fine. You can buy the house of your dreams or something practical. You can buy a house in your area or maybe some place where you would like to move. Upload a screenshot of the advertisement.
2. Find an advertisement for a thirty year fixed home loan to find an interest rate. You can find these on bank pages. Upload a screenshot of the advertisement.
3. Use the formulas from Chapter 6 to determine what your monthly payments would be if your loan lasted 30 years. Upload a screenshot of your written work.
See link below for the chapter 6
http://www.deanza.edu/faculty/bloomroberta/documents/AppliedFiniteMath-3ed-Current.pdf