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Preview of Financial Literacy: Credit Card APR Notes (finding credit card interest)

Financial Literacy: Credit Card APR Notes (finding credit card interest)

Created by
MathMotivations
Monthly interest on credit card balances can seem like it's randomly generated, but it actually follows the basic Part = Percent x Total formula! These guided notes define the different types of APRs (annual percentage rates) then walk students through a detailed example of how to calculate interest given several transactions.  Help students develop strong financial habits, especially in regards to credit cards. Students can see the math behind how interest is calculated and what they can do to
Preview of Financial Institutions - The Federal Reserve, Banks, & Credit Unions

Financial Institutions - The Federal Reserve, Banks, & Credit Unions

Created by
MathMotivations
This set of guided notes offers a very brief overview of banks, credit unions, & the Federal Reserve system. One page highlights the structure and function of the Fed and its influence on banks. A second page showcases the similarities and differences between banks and credit unions.  I use these notes to start my banking unit. Included are blank & completed copies of the notes and a supplemental page with website resources for more information.  Appropriate for middle school through high sc

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