Introduction
here you will learn the positive and negative effects of interest and how they affect you financial standing by the end of the we quest you should be able to answer
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How do we calculate interest rates AND how might interest rates negatively or positively affect you financially?
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How can taking out a loan help or hurt my financial standing????
Task
https://www.netcredit.com/blog/how-do-car-loans-affect-your-credit/
https://www.realtor.com/advice/finance/7-types-loans/
What are the positive and negative aspects of interest?
What is interest and how does it affect you and where do you get it?
What is a loan and why might you take one out?
How are interest and loans connected?
What are the different types of loans?
How might a loan negatively or positively affect your credit?
Process
Step 1 read the articles in the links above
Step 2 answer the questions that go along with each link
Step 3 then answer the leqs
Step 4 write a reflection of how you can youse what you learned in your everyday life
Step 5 submit the webquest through google classroom
Evaluation
write a reflection on how loans and interest will affect you in your everyday life.
Conclusion
Answer the LEQs
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How do we calculate interest rates AND how might interest rates negatively or positively affect you financially?
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How can taking out a loan help or hurt my financial standing????
Credits
Teacher Page
submit your webquest through google classroom