Money Matters--Chapter 2- Credit Now vs. Cash Later
You have just applied for and been granted a BestBuy credit card! YIPPEEEEEE!!! This means that you can now buy that new computer that you have dying for! The total cost for your new computers was $1499. You slap the credit card down on the counter… sign your name.. and walk out of the store with your new baby! Congratulations!!!
Of course you probably didn’t realize that when you got the BestBuy credit card that you were signing up for an 24% interest rate on your card? Oh well, who cares about all of that? What is important is that you have your computer.. NOW! You didn’t have to wait for it..save for it.. IT”S YOURS!
Using the Credit Card Calculator website on SchoolWeb to answer the following questions.
This quiz requires you to log in.
Please enter your Quia username and password. |
|
|
|
