What is Credit?
Presentation
•
Mathematics
•
9th - 12th Grade
•
Practice Problem
•
Easy
Standards-aligned
Brandon McIver
Used 1+ times
FREE Resource
6 Slides • 1 Question
1
2
Much of the US runs on credit.
College Loans
Car Loans
Mortgages
Credit
3
A credit score is your financial reputation.
Credit Score
4
A way to make purchases, or give you a high purchasing power.
Credit Cards
5
Credit is the money you make in the future.
Credit = More Money ?
6
Payments made to rent or other necessary bills
Fiance Charge
The amount charged
Principal
Additional charge placed on money you borrowed
Interest
The length of time you have to pay something back
Term
7
Match
finance charge
principal
interest
term
payments made to rent or other necessary bills
the amount charged
additional charge placed on money you borrowed
the length of time you have to pay something back
payments made to rent or other necessary bills
the amount charged
additional charge placed on money you borrowed
the length of time you have to pay something back
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