Start a 10-Day Free Trial to Unlock the Full Review

Why Lesson Planet?

Find quality lesson planning resources, fast!
Share & remix collections to collaborate.
Organize your curriculum with collections. Easy!
Have time to be more creative & energetic with your students!

How Credit Card Interest Works

Students experiment with an Excel spreadsheet model that demonstrates the effects of interest on payments. They calculate actual costs, interest paid, and time necessary to pay off credit purchases and draw conclusions about the difference in total interest cost that results from varying the monthly payment.

7 Views 12 Downloads
Resource Details

Grade
10th - 12th
Subjects
Math
1 more...
Resource Type
Lesson Plans
Technology
Database & Spreadsheet