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Loan Amortization - Mortgage
Source: Council for Economic Education (EconEdLink) | Type: Lesson

How to amortize a loan using an Excel spreadsheet.

Grades:

• 9-12

Concepts:

• Interest
• Interest Rate
• Mortgage

Standards:

• Economics 2: Marginal Cost/Benefit
• Economics 12: Role of Interest Rates

Related Resources:

• Principles of Economics
• Webinar: High School Economics, 3rd Edition
• The Credit Card Mystery

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