Re: $$$$ in the Retreat
BR...I love this! I have always wished that I had been lucky enough to have a math professor that taught "real life" math!
BR...you need to clean out your PM box!!!!
Beach Runner said:I'm teaching a core class and we're doing amortization schedules. Here's the lab assignment:
QUANTITATIVE REASONING
IN-CLASS LAB
AMORTIZATION SCHEDULES
DUE 2/21
You?ve decided to buy your dream house on the beach at the Retreat in Blue Mountain Beach, Florida described at http://www.emeraldcoasttours.com/155weststlucialane/ that sells for $9,900,000. You?ll pay a down payment of 20%. Compute the monthly payment assuming that you take out a 30-year loan at 6.5%. Then construct an amortization table in Excel.
BR...I love this! I have always wished that I had been lucky enough to have a math professor that taught "real life" math!
BR...you need to clean out your PM box!!!!