Wednesday, May 2, 2007

Personal finance

Today ,at math class, we were spreaded in groups of three and four.

On the smart Board there were some practice questions
here they're:

Question #1

Question #2

Then Mr.k was explaining about Calculate the Effective Interest Rate.
He given us an example question.


Then we talked about credit card , and how much money they take off.
When using a credit card, us it as money you have in your pocket,
don't us it when you dont have money. They take interest rates compound
daily,so we did a example.

Credit Card , interest rate 18.5%, say it was $1 we spent.
Credit Card example


Yeah i put them in links because it was too big to see,and i have work in 10 mins!!

well that's all kids the next scribe would be Ivy

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