Real-life rates around you
First read Heart of Mathematics p. 793-795
To turn in on paper
Next talk to your friends or relatives, collect information that you receive in the mail, search on the web and/or go to a bank to find
recent interest rates on...
- savings rate
- checking accounts rate
- cd rate and length of time (certificate of deposit)
- credit card rate
- student loan rate
- house loan (mortgage) rate
- car loan rate
Summarize your findings and be sure to list the source(s) of each rate (for example: parent's mortgage: 5%).