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This Compound Interest per Period: Credit Card Payment interactive also includes:
- Student Reference
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Credit cards can be convenient, but are they worth it? Future consumers learn about compound interest and credit card payments. They use an interactive to create a table that shows the remaining balance after each month.
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Concepts
Additional Tags
Instructional Ideas
- Team with a computer teacher to use spreadsheets for computing compound interest
Classroom Considerations
- A free CK-12 account is necessary to access the interactive
- Learners must be familiar with compound interest
Pros
- Includes both review and challenge questions
- Provides enough examples to completely understand the topic
Cons
- None