{"id":14082,"date":"2017-05-17T00:41:14","date_gmt":"2017-05-17T04:41:14","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=14082"},"modified":"2017-05-17T00:41:14","modified_gmt":"2017-05-17T04:41:14","slug":"personal-finance-51717","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2017\/05\/17\/personal-finance-51717\/","title":{"rendered":"Personal Finance &#8211; 5\/17\/17"},"content":{"rendered":"<p>I.\u00a0\u00a0 <b>Bellwork<\/b><\/p>\n<ul>\n<li><b>Provide two reasons why someone would use credit.<\/b><\/li>\n<li><b>List at least 3 examples of things people buy on credit.<\/b><\/li>\n<\/ul>\n<p>II.\u00a0\u00a0 <b>Objectives:<\/b><\/p>\n<ul>\n<li><b>Compute compound interest using a spreadsheet<\/b><\/li>\n<li><b>Apply the Rule of 72 to compute how money can be doubled.<\/b><\/li>\n<li><b>Explain how compound interest is computed<\/b><\/li>\n<\/ul>\n<p><b>III. \u00a0Discussion: \u00a0<\/b>\u00a0<b>Explanation of Compound Interest &amp; Rule of 72<\/b><\/p>\n<h3><b>\u00b7 \u00a0<\/b><b>\u00a0\u00a0\u00a0 <\/b><b>A. \u00a0\u00a0\u00a0<\/b><a href=\"https:\/\/www.youtube.com\/watch?v=wf91rEGw88Q\"><b>INVESTOPEDIA VIDEO: COMPOUND INTEREST EXPLAINED<\/b><\/a><\/h3>\n<h3><b>\u00b7 \u00a0\u00a0<\/b><b>\u00a0\u00a0\u00a0 <\/b><b>B. \u00a0\u00a0<\/b><a href=\"https:\/\/www.econedlink.org\/tool\/2\/Compound-Interest-Calculator\"><b>COMPOUND-INTEREST-CALCULATOR<\/b><\/a><\/h3>\n<h3><b>\u00b7 \u00a0\u00a0<\/b><b>\u00a0\u00a0\u00a0 <\/b><b>C. \u00a0\u00a0<\/b><a href=\"https:\/\/www.youtube.com\/watch?v=53LBNbmXlGg\"><b>THE RULE OF 72<\/b><\/a><\/h3>\n<p>IV.\u00a0\u00a0 <b>Notebook<\/b><\/p>\n<ul>\n<li><b>Tree Maps: Advantages &amp; \u00a0Disadvantages of Credit<\/b><\/li>\n<li><b>Flow chart \u2013 Compound interest<\/b><\/li>\n<li><b>Flow Chart \u2013 Rule of 72<\/b><\/li>\n<\/ul>\n<p><b> V. \u00a0 Classwork<\/b><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li><b>Compound Interest Activity on Google Classroom<br \/>\n<\/b><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><a href=\"https:\/\/moodle.dearbornschools.org\/mod\/quiz\/view.php?id=71280\">16.1.2 Rule of 72 and Compounding Interest <\/a>\u00a0on iLearn<\/li>\n<li>iLearn 16.1 on Vocabulary<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0\u00a0 Bellwork Provide two reasons why someone would use credit. List at least 3 examples of things people buy on credit. II.\u00a0\u00a0 Objectives: Compute compound interest using a spreadsheet Apply the Rule of 72 to compute how money can be doubled. Explain how compound interest is computed III. \u00a0Discussion: \u00a0\u00a0Explanation of Compound Interest &amp; Rule [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[84],"tags":[],"class_list":["post-14082","post","type-post","status-publish","format-standard","hentry","category-personal-finance-w2017"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/14082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/comments?post=14082"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/14082\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=14082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=14082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=14082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}