Curated and Reviewed by
Lesson Planet
This Credit Cards lesson plan also includes:
Teach adolescents to use credit responsibly. The 32nd installment of a 35-part module covers how to calculate credit card payments using a geometric series. It teaches terminology and concepts necessary to understand credit card debt.
51 Views
39 Downloads
CCSS:
Designed
Concepts
Additional Tags
Instructional Ideas
- Have the class research APRs on credit cards
- Consider using spreadsheets to calculate payments
Classroom Considerations
- Lesson builds on formulas from previous lessons; be sure pupils are comfortable with these formulas
Pros
- Lesson covers an important financial literacy topic
- Teacher resource includes step-by-step explanations for all problems
Cons
- None