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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

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