MAT 115 Chapter 8
Mortgage Loan Project
(Due June 19, 2011 6/19/2011)
There are several things to consider when buying a house. There is the cost, the cash needed at
closing, the monthly mortgage payment, the tax and insurance amounts needed monthly, the
MAT 115 Chapter 8
Mortgage Loan Project
(Due June 19, 2011 6/19/2011)
There are several things to consider when buying a house. There is the cost, the cash needed at
closing, the monthly mortgage payment, the tax and insurance amounts needed monthly, the
Section 8.1
Percent, Sales Tax, and Income Tax
1.
2.
3.
4.
5.
6.
7.
Objectives
Express a fraction as a percent.
Express a decimal as a percent.
Express a percent as a decimal.
Solve applied problems involving sales tax and
discounts.
Compute income tax.
D
Section 7.1
Graphing and Functions
1.
2.
3.
4.
5.
6.
Objectives
Plot points in the rectangular coordinate system.
Graph equations in the rectangular coordinate system.
Use f(x) notation.
Graph functions.
Use the vertical line test.
Obtain information abou
Section 8.4
Annuities, Stocks, and Bonds
Objectives
1. Determine the value of an annuity.
2. Determine regular annuity payments needed to achieve
a financial goal.
3. Understand stocks and bonds as investments.
4. Read stock tables.
03/05/14
Section 8.4
1
Section 7.4
Linear Inequalities in Two Variables
Objectives
1. Graph a linear inequality in two variables.
2. Use mathematical models involving linear inequalities.
3. Graph a system of linear inequalities.
03/05/14
Section 7.4
1
Linear Inequalities in Tw
Section 8.6
Amortization and the Cost of Home Ownership
Objectives
1. Understand mortgage options.
2. Compute the monthly payment and interest costs for a
mortgage.
3. Prepare a partial loan amortization schedule.
4. Compute payments and interest for othe
Section 7.3
Systems of Linear Equations in Two Variables
1.
2.
3.
4.
5.
6.
Objectives
Decide whether an ordered pair is a solution of a linear
system.
Solve linear systems by graphing.
Solve linear systems by substitution.
Solve linear systems by addition
Section 8.5
Installment Buying
Objectives
1. Determine the amount financed, the installment price,
and the finance charge for a fixed loan.
2. Determine the APR.
3. Compute unearned interest and the payoff amount for a
loan paid off early.
4. Find the int
Section 8.2
Simple Interest
Objectives
1. Calculate simple interest.
2. Use the future value formula.
3. Use the simple interest formula on discounted loans.
03/05/14
Section 8.2
1
Simple Interest
Interest is the dollar amount that we get paid for lendin
Dicey Situation
1. Goal: To see how relative frequencies of observed trials get closer to the theoretical
probabilities as the number of trials increases.
2. Brief Discription: Roll a pair of fair dice and observe & record the sum total of dots on
top. Re
This project is different than the previous projects. For this project you will complete four experiments. You will
need the following materials: 2 dice, pennies, and a deck of cards. For each experiment you will need to make
a prediction about what you t
MAT115 Project 3-Geometry Project
1. The top of the two sides:
10 ft.
40 ft.
The area of this part is given by the area of a triangle. The total area is (excluding roofing, since
roof is not painted):
2. Since two coats of paint is equivalent to covering
Fri, Jul 08, 2011 - Final Exam Review
The final exam will go through this Wednesday. Please make sure to check with the testing center you
plan to take your test at to make sure when they give out the last test if you are waiting until the last day.
Also
MAT115 Project 3-Geometry Project
1. The top of the two sides:
10 ft.
40 ft.
The area of this part is given by the area of a triangle. The total area is (excluding roofing, since
roof is not painted):
2. Since two coats of paint is equivalent to covering
Syllabus
MAT 115
Bradham
MATHEMATICAL MODELS
(North)
Summer 2011
4136
Instructor: Mary Ann
Office Location: TS 222
Office Phone: (704) 330Office Hours: By
appointment/email.
COURSE DESCRIPTION: This course develops the ability to utilize mathematical skil
Course Schedule
Hereisanoverviewofthescheduleforthiscourse.formorespecificdetails,lookateach"Assignment"module.
5/23-5/25 Icebreaker Assignment and MathXL
5/26-5/29 Problem Solving
5/30-6/8 Set Theory
6/9-6/12 Algebra: Graphs, Functions, and Linear System
MAT 115 Chapter 8
Mortgage Loan Project
(Due June 19, 2011 6/19/2011)
There are several things to consider when buying a house. There is the cost, the cash
needed at closing, the monthly mortgage payment, the tax and insurance amounts
needed monthly, the
Section 7.2
Linear Functions & Their Graphs
1.
2.
3.
4.
5.
6.
Objectives
Use intercepts to graph a linear equation.
Calculate slope.
Use the slope and y-intercept to graph a line.
Graph horizontal and vertical lines.
Interpret slope as a rate of change.
U
MAT 1 15 Project Handout (Geometry) Complete Project
You are planning to paint the house whose dimensions are shown in the
gure.
L\ 50 a
40 ft _
#1 How many square feet will you need to paint? (There are four window,
each 8 ft by 5 it; two winds, ea
Fri, Jun 17, 2011 - Formula help
Some people have asked how to know which formula to use. You have the 2 choices of compound
interest or annuities. You are using the compound interest when you are only putting money it at the
beginning and there are no ot