Business Applications

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Type:Application Exercise

Estimated Time:45 minutes

Score Type:Auto Score

This application exercise automatically provides a score to your gradebook

Available Language: English

Vocabulary: Compound Interest, Credit Card Debt, Currency, Data, Financial Literacy, Interest, Money, Principal, Retirement, Savings, Spreadsheet

Primary Objectives:

  • Students calculate compound interest on savings using a spreadsheet.
  • Students calculate interest on credit card debt.
  • Students compare benefits and drawbacks of credit cards.
  • Students compare the impact different interest rates have on credit card debt.
  • Students make wise decisions about spending and saving money and using credit.
  • Students set saving goals and strategies.

Secondary Objectives:

  • Students use technology as a tool to research, organize, evaluate and communicate information
  • Students apply digital tools to gather, evaluate, and use information.
  • Students process data and report results.



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