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8th grade other (math) simulations for Microsoft Excel
Why Paying the Minimum is Bad - Credit Card Debt Calculator - Percents
This Excel file is set up to show students how quickly debt can add up if they only pay the minimum balance on a credit card. The spreadsheet is already formatted to do the calculations for you! All you have to change is your initial credit card balance and change the APR and minimum payment balance to fit different scenarios. This is a quick way to show your students the "big picture" when it comes to credit card debt. It is also a nice way to introduce students to applications of percents
Subjects:
Grades:
7th - 10th
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