Take credit for finding a great lesson on credit cards. Future consumers first learn about lines of credit and credit cards by watching a video. They then work through some problems on simple interest and monthly payments.

Concepts

percents, credit cards, simple interest, credit, spending habits

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Additional Tags

math

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Instructional Ideas

• Collaborate with a business or economics teacher for the activity
• Invite a financial advisor to give a presentation
  

Classroom Considerations

• Pupils should have familiarity with percents
• Presentation is one part of The Lowdown: Real-World Math seried
  

Pros

• Includes a set of printable handouts for the lesson
• Provides an optional extension activity
  

Cons

• None

Common Core

6.RP.A.1 6.RP.A.3.c 7.RP.A.1 7.RP.A.3