Day 110

Lesson Objectives

  • Evaluate the myths associated with credit cards.

Assignment CU5.5

  1. Watch Video 5.1
  2. As you watch the video, record the missing words from page 87 of the textbook as they pop up on the left side of the video screen by filling in this form.  (pages 87) .
  3. Discussion Questions:
    1. Why are teens such a huge target for credit card companies?
    2. What did the acceptance of credit cards do to McDonald’s individual sales totals?
    3. Studies show that people spend 12-18% more when using credit cards. Why is that?
    4. Why do you think a chip or wave of the credit card increases purchases totals by another 8-12% above the already 12-18% for just using a credit card with a slide?

Assignment CU5.6

  1. Obtain your partner from your instructor.  With your partner, complete the following.
    • Make a copy of this Google Document (Espanol), rename it to Making the Minimum-(Your Initials), and move it into your Lesson 5 folder.
    • Complete the assigned task as directed in the assignment.  Use the chart (Minimum Payment Schedule) in this link to answer the questions.