Explore how credit cards work in this video from KQED. In particular, you'll discover the impact and high cost of outstanding balances when borrowing money using credit cards. In the accompanying classroom activity, students discuss the key concepts presented in the video, including the relationship between lines of credit, debt, spending, and interest charges. They then learn to calculate simple interest.

Concepts

interest, percents

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Additional Tags

pbs

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Classroom Considerations

• Knovation Readability Score: 3 (1 low difficulty, 5 high difficulty)
• The intended use for this resource is Instructional