We are learning about interest, and what it is. Students are looking at colleges around the country and seeing how much interest will have to be paid monthly. They were also taking a look at a vehicle and house in the area.
UNC (north carolina)
Cost: (45,000x4)(6%)(.083) <---.083 is for one month because the formula is for a year
Car: Ford f-150
Cost: used for (30000)(4%)(.083)
House: In Durham NC
we are going to look at different items and how they change monthly, and how that adds up over a year.