A good real life lesson in math for high school students is helping them to determine the price of housing. With the newspaper classifieds and the Internet, you can work with your student on what it will cost him or her to live on their own after high school.
Looking at buying a house? You will need to calculate the interest on the mortgage. Looking to live in a dorm? Do not forget to factor in increases each year using percentages. Renting an apartment? The additional costs of security deposits and rental insurance need to be factored in.
Making a chart of the options can help your child see their options in the years to come, and how much money they will need to make to live in their dream residence.
This link provides a mortgage interest rate calculator & lots of information on mortgages
Click this link to view the article "The Basics Of Renters Insurance"
This link provides the basics for apartment living
"Dorms vs. Apartments" Which is cheaper?
Click this link to find out
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