Buying on Credit

Students determine how buying on credit adds to the total cost of an item by computing the interest. They find a major item advertised in a magazine and identify the price. Then they identify the rate of a credit card and calculate the interest using a formula.

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Resource Details

Grade
6th - 12th
Subjects
Social Studies & History
3 more...
Resource Type
Lesson Plans
Duration
2 hrs
Instructional Strategy
Research