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Texas A&M University College of Engineering

Class 8

Posted on July 27, 2021 by Abigail Stason

Learning Objectives – Class 8

After today’s lecture, and after working the homework problems, the student should be able to

  • Calculate a home mortgage
  • Calculate how much interest will be paid on a loan
  • Calculate how much interest can be saved if a loan is paid off early
  • Determine if re-financing a loan at a lower interest rate is justified
  • Calculate a car loan
  • Calculate pension plan returns
  • Calculate current value, current purchase/selling price of bonds

Topics covered in today’s class

  1. Mortgage interest and principal payments
  2. Bonds

Filed Under: Uncategorized

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