Day 57

Lesson Objectives

  • Calculate interest in consumer credit situations.
  • Explain finance charges when using credit.
  • Calculate different credit-related calculations

Notes 6-1

  1. Obtain a Notes 6-1 handout from your instructor and fill in the missing parts through the presentation.  You can also view the presentation here.

Assignment CU6.1

  1. Complete the credit calculations worksheet assigned.
  2. Once you have completed the worksheet handout, utilize this Credit Calculations Worksheet Audit to check your answers.  Be sure to enter your answers in the format stated in the directions.  If you get one incorrect, redo the problem and make the change in your original submission.  Your best score will be used for your grade.