Lesson Plan

Credit Cards and Compound Interests-Exponential Growth

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This Credit Cards and Compound Interests-Exponential Growth lesson plan also includes:

Eleventh graders investigate the way credit cards work when collecting interest. In this algebra lesson, 11th graders investigate the growth of interest exponentially when using a credit card. They calculate what the cheapest rate is to repay a $2000 loan using different interest rates.

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Resource Details
Grade
11th
Subjects
Math
2 more...
Resource Type
Lesson Plans
Instructional Strategies
Skills Practice
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