Apply: income and mortgages mind map

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Apply: Income and Mortgages Mind Map

Explore three different Internet sites for providers of home mortgages or consumer credit.

I. Create a 350-word mind map in which you explain the differences in the mortgages or credit terms and which would be best for you.

Include the following:

What are the terms of the mortgage or credit agreement? 

What are the differences in the different choices for this type of credit agreement? 

II. In addition, Analyze in 175 to 350 words the choice that is best for you and why.

Resources: 

https://portal.phoenix.edu/medialibrary/embedplayer.02-AUDIO-59c19fbadd7d38f1d5b189ec.html

For your assignment, you will create a mind map. It is important that you use a tool such as Popplet®, Mindmeister®, or Microsoft® Word. If you choose a Microsoft® Word document, be mindful of the mind map requirement; with this format, you would still create text boxes within a diagram and not write a paper. 

Now that you have selected the tool you will use, you can create your mind map. Think of a mind map as a relationship builder among similar concepts. Think about how you would organize your thoughts on the topics you will address. You might have a major subject such as mediation. Then you might choose several topics that relate to mediation such as advantages of mediation and disadvantages of mediation as well as mediator qualifications. Then in your third layer, you might discuss those advantages, disadvantages, and qualifications. 

As another example let’s say you were creating a mind map about weather in the United States. Your first and central topic might be United States weather. Your second layer might include Colorado and California and the weather patterns in those states. Your third layer might be cities and the weather patterns there. 

There are many ways to organize this project. Some students use a single page for their mind map while others choose multiple pages. You might consider putting your major topic in the center with lines leading to secondary topics. Then from those secondary topics, you would add your third layer of details.

Many students are learning how to use a mind map for the first time in this course, but if you have experience with this tool then you should do well.