Loan Project II – A Look at India


In this lesson, students apply what they have learned about mortgage loans, personal loans and payday loans to examine different loan situations in India. Students start by reading articles about lending and interest rates in India. They then calculate interest and payments of mortgage and personal loans in India using interest rates provided.

NBEA Standard(s):
  • Computation, I. Mathematical Foundations
  • Computation, II. Number Relationships and Operations
  • Computation, III. Patterns, Functions, and Algebra
  • Computation, IV. Measurements
  • Computation, VI. Problem-Solving Applications

Lesson Plan Details:

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