Mathalicious: Loan Ranger

This lesson focuses on the basics of borrowing with a credit card including interest rates, monthly compounding intervals, and different payback options.

Siemens STEM Day: Credit Card Debt
Siemens STEM Day

Students consider the benefits and tradeoffs of using credit and learn about the role interest plays in using credit cards. Then, they create an equation that describes the length of time it takes to pay off a debt.