Objective: Students will learn to:
- Identify different kinds of credit that financial institutions extend to individuals and companies.
- Identify key terms associated with different kinds of credit.
- Recognize the advantages and disadvantages of using credit.
- Explain how most credit transactions benefit both parties.
Using the Financial Fitness for Life worksheet. Partner discussions and Class discussion
Class Work: In class students read worksheet pages 66-71, answer the study questions on pages 67, 70 and 71 and turn in the worksheets at the end of the period.
Read pages 172-177 in Financial Algebra
Assignment: Financial Algebra p. 178-179, Problems 2-12 even, 19-20
There will not be a unit test for this unit, instead students will work in teams to complete a project chosen from page 211-212 projects 1-5 or 8. These projects will be presented in class at the end of this Unit. Students will work in teams of two or three.