TEKS: Chapter 111. Mathematics See All Teacher Resources

111.36.c.6

(6) The student uses algebraic formulas, graphs, and amortization models to solve problems involving credit. The student is expected to:

• (A) analyze methods of payment available in retail purchasing and compare relative advantages and disadvantages of each option;

• (B) use amortization models to investigate home financing and compare buying and renting a home; and

• (C) use amortization models to investigate automobile financing and compare buying and leasing a vehicle.