Personal Finance – 10/04/2016

I. Bellwork (Show Work)

You borrowed $15000 at 7% interest for 3 years and 5 months. Calculate the simple interest.
You borrowed $7000 at 6.5% interest for 2 years and 80 days. Calculate the simple interest for a 365 day year.

II. Objective:

Lang OBJ: explain how to calculate discount, percent, prop tax, interest, gas mileage, and square footage
Content OBJ: review and solve using the proper steps business math concepts and calculations from the previous 4 weeks

III. Classwork:

A. https://hrblock.budgetchallenge.com/