Tuesday, December 11, 2007

Tuesday, December 11

Today we started off with a mental math.

Mr. Max was really impressed with our efforts from yesterday on the blog. Other then a few constructive criticisms, he said over all he was impressed. Many people have to correct their grammar, everyone talks like they are texting, or on facebook. This is a very bad habit that people need to break before going on to post secondary education. We are losing our vocabulary by trying to use the fastest way to say something, without doing it properly. It is not just this class, it is people all over the world.


We did some personal finance questions on the Written Test of January 2006
Page 14, Question 13

Amortized
Amortize(v.) Total length of time that it takes to repay a loan
Amortization(n)
When you put in an interest rate on a spreadsheet you put it in as a decimal, but if you are using TVM solver, you put it in as a percentage.

Homework for tomorrow is Question 14 on the Written TestJanuary 2006, Page 15






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