{"id":14098,"date":"2017-05-18T22:25:04","date_gmt":"2017-05-19T02:25:04","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=14098"},"modified":"2017-05-18T22:25:04","modified_gmt":"2017-05-19T02:25:04","slug":"personal-finance-51917","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2017\/05\/18\/personal-finance-51917\/","title":{"rendered":"Personal Finance &#8211; 5\/19\/17"},"content":{"rendered":"<p>I. \u00a0 <b>Bellwork &#8211; Show you work<\/b><\/p>\n<p>A.\u00a0 If you invest $1200 a year at 3% interest , how much money will you have at the end of 1 year? <b>Show your work and round to the nearest penny.<\/b><\/p>\n<p>B.\u00a0 If you invest $1200 a year at 3% interest, how much money will you have at the end of 2 years? <b>Show your work and round to the nearest penny.<\/b><\/p>\n<p>C. How long will it take you to double your money if you invested $2000 that annually earned 4% interest? <b>Show your work (Rule of 72)<br \/>\n<\/b><\/p>\n<p>&nbsp;<\/p>\n<p><b> II. Objectives:<\/b><\/p>\n<ul>\n<li><b>Determine the meaning of words and phrases relating to types of credit, credit agreements, and sources of credit<\/b><\/li>\n<li>Create thinking maps based upon information in the text to distinguish between types of credit and explain various sources of credit.<\/li>\n<\/ul>\n<p><b>III. \u00a0Notebook &amp; Discussion<\/b><\/p>\n<ul>\n<li>Comparing Terms<a href=\"https:\/\/www.cardhub.com\/credit-cards\/\"> cardhub.com\/credit-cards\/<\/a><\/li>\n<\/ul>\n<p>IV.\u00a0\u00a0 <b>Classwork: \u00a0Chapter 16.2 &#8211; Due today &#8211; No exceptions<\/b><\/p>\n<p>A.\u00a0\u00a0 Vocabulary 9 \u00a0\u2013 page 363<\/p>\n<p>B.\u00a0\u00a0<strong> Questions &amp; Answers (Write them out)<br \/>\n<\/strong><\/p>\n<ol>\n<li>What is a charge card?<\/li>\n<li>List examples of a charge card.<\/li>\n<li>What are the benefits of a charge card?<\/li>\n<li>Explain revolving credit.<\/li>\n<li>What are <b>6 main terms<\/b> you should examine before selecting a credit card?<\/li>\n<li>Explain the difference between transaction fees and penalty fees.<\/li>\n<li>List some examples of closed-end credit.<\/li>\n<li>What are some common types of service credit.<\/li>\n<li>List 3 examples of a retail store credit cards.<\/li>\n<li>What is an affinity card?<\/li>\n<li>Explain the two different types of finance companies and <b>how they operate<\/b>.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>I. \u00a0 Bellwork &#8211; Show you work A.\u00a0 If you invest $1200 a year at 3% interest , how much money will you have at the end of 1 year? Show your work and round to the nearest penny. B.\u00a0 If you invest $1200 a year at 3% interest, how much money will you have [&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-14098","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\/14098","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=14098"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/14098\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=14098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=14098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=14098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}