Credit Card Vacation: Compound Interest Application

Grade Levels
6th, 7th, 8th
Resource Types
Product Rating
3.9
File Type
Word Document File
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0.08 MB   |   1 pages

PRODUCT DESCRIPTION

In this performance task, students practice calculating compound interest on a principle of $1200.00. An organizer is included for students to keep track of each step. An extension asks students to calculate the difference between paying for the vacation up front and carrying the balance on a credit card for three months.
Total Pages
1
Answer Key
N/A
Teaching Duration
45 Minutes

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Credit Card Vacation: Compound Interest Application