Curated OER
Deals on Wheels!
Young scholars calculate monthly car payments using different rates of interest. They calculate the maximum amount that can be financed/borrowed given a preset estimated/budgeted monthly payment and determine how limited resources cause...
Council for Economic Education
Econ Ed Link: Car Loan Project
This lesson takes learners through the process of buying a car. A great real-life application that helps introduce students to all of the nuances associated with purchasing a car, such as interest rates, loan applications, and amortization.