Introduction
Here, you shall browse the web finding information on the tools necessary to achieve and maintain a good financial status.
Task
Use the various links on the next page to find the information needed to solve the LEQ's below:
1. How does interest impact the use and effects on credit cards and/or loans?
2. How do we calculate interest AND how might interest rates negatively and positively affect you financially?
Process
Impacts of interest -
1. https://www.thebalance.com/how-your-credit-score-influences-your-interest-rate-960278
2. https://www.igrad.com/games/credit-card-simulator.aspx
Calculating Interest -
1. https://www.thecalculatorsite.com/articles/finance/compound-interest-formula.php
2.
Evaluation
Complete the LEQ's in two complete sentences.
Then you get the 100
Conclusion
Your Done.