Lesson 8.4 Installment Loans - Monthly Payment Allocation

[Pages:12]Warm-Up

If you are financing a $25,000 car, and you put down 5% of the total price. How much are you financing? What if your interest is 2.75%, how much interest would you be paying on the total price of the car?

Lesson 8.4 Installment Loans Monthly Payment Allocation

Chapter 8 Loans

Lesson 8.4 Installment Loans Monthly Payment Allocation

Learning Target

Students will be able to calculate the payment to interest, payment to principal, and new balance.

Essential Question

How do you allocate installment loan payments?

Lesson 8.4 Installment Loans Monthly Payment Allocation

Lesson 8.4 Installment Loans Monthly Payment Allocation

Lesson 8.4 Installment Loans Monthly Payment Allocation

Lesson 8.4 Installment Loans Monthly Payment Allocation

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download