Credit Card Minimum

One of my favorite projects so far in Financial Algebra has been on Credit Cards. I had found a Personal Finance Project Resource Book that was created through the Connecticut State Department of Education. The project is on "Paying the Minimum" and essentially how long it will take to pay off a credit card if you are only to pay the minimum amount. I stress with the Students that this is IF you do not charge anything else onto the card (which most people do not do). I felt it was pretty eye-opening to them. I modified a few things from the original project and expected this from the students. I will probably change a few things for the next time around (up the minimum payment) - I felt a little rushed putting it together with midterms right around the corner. I also was finding that it was really important to be able to provide an example.

Below are some pictures of a few of the projects that were turned in. I love that students are getting experience with Sheets and learning how to use it to their advantage. This is the second project they have had in which they used Sheets and had to link it to the project with a QR code!!