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Do Now

Do Now. 1) What does APR stand for? 2) What is the “cost of credit”?. Reminders. News Article Analysis due THURSDAY!. 9.7- Credit Card Statement. Credit Card Statement - monthly record of what you have spent each month

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Do Now

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  1. Do Now

    1) What does APR stand for? 2) What is the “cost of credit”?
  2. Reminders News Article Analysis due THURSDAY!
  3. 9.7- Credit Card Statement Credit Card Statement- monthly record of what you have spent each month It shows payments, your new balance, finance charges, APR, interest paid, minimum payment, and next due payment due date.
  4. Independent Practice Use the sample credit card statement to answer the questions.
  5. Reminders News Article Analysis due THURSDAY!
  6. Exit Ticket 1) Why is a credit card statement useful? 2) What is the hardest part of analyzing a credit card statement?
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