The Lowdown | The Math of Credit Cards

The Lowdown | The Math of Credit Cards
Description

Explore how credit cards work in this video from KQED. In particular, you’ll discover the impact and high cost of outstanding balances when borrowing money using credit cards. In the accompanying classroom activity, students discuss the key concepts presented in the video, including the relationship between lines of credit, debt, spending, and interest charges. They then learn to calculate simple interest. This resource is part of the Math at the Core: Middle School Collection.

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