Intro to Business – 1/19/10

I. Bellwork
How do credit card companies profit when people pay only the minimum balance?

II. Objectives:

  • Calculate Interest in consumer credit situations
  • Explain finance charges when using credit
  • Explain the credit card application process
  • Discuss commonly used credit documents

III. Notebook: 18-2 & 18-3 Credit Pages 457-468

  • Slideshow Notes

IV. Classwork:
 A.  Terms Pg 457 (2) & Pg 462 (3)
 B.  18-2 Checkpoint (2) & 18-3 Checkpoint (3) Q&A
 C.   Page 461 1-4 & Page 468 1-2

V. Notebook Check Tomorrow


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