Students will be able to:
In this personal finance lesson, students will compare the costs of loans and credit options to learn about loan repayment.
This lesson is part of Financial Fitness for Life 9-12, 3rd Edition and provides the slides and activities with educational technology tools. For full access to the book, shop the teacher guide and student workbook below.
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Understanding finance charges and interest rates provides a foundation for students to compare the cost of different loans and credit options. In this lesson, the students learn how to compute finance charges, how to differentiate between add-on and annual percentage rates, and how the annual percentage rate and loan repayment period affect the cost of a loan.
Grades 9-12
Grades 6-8, 9-12
Grades 9-12
Grades 9-12
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