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Math of Finance  

Mrs. Hughes: Pre-Calculus research project
Last Updated: Jul 1, 2015 URL: http://prhs.sau48.libguides.com/mathoffinance Print Guide RSS Updates

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Books for Math Topics

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Money Smarts
Call Number: 332.024 ONE

Cover Art
Cash and credit information for teens
Call Number: 332.024 CAS

Cover Art
Rich dad poor dad for teens : the secrets about money - that you don't learn in school!
Call Number: 332.024 KIY

Assignment #1

Find a new or used car or truck that you would like to purchase when you graduate from high school. The vehicle you select must be practical for your purposes and cost between $10,000 and $24,000.

 

Web sources:

 

Autotrader

http://www.autotrader.com/

 

Cars.com

http://www.cars.com/go/index.jsp

 

Edmunds

http://www.edmunds.com/index.html

 

 

Assignment #2

Calculate a 10% cash down payment and what the balance owed (amount of loan) on the vehicle would be. From on of the sites given, find a loan for the balance due.

 

Loan sites:

 

Basic Loan Calculator from Edmunds

http://www.edmunds.com/apps/calc/CalculatorController?pmtcalAction=basic_calc

 

Auto Loan Rates from Bankrate

http://www.bankrate.com/brm/rate/auto_home.asp

 

Auto Loan Advice from Lending Tree

http://www.lendingtree.com/auto-loans/advice/

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