Business & Economics

    6 - 9 Grades Social Science
    10 - 12 Grades Social Science
This module is part of a series produced at The Universtiy of Nevada at Reno for the National Numeracy Network under a grant from the Woodrow Wilson Fellowship Foundation through the National Council on Education and the Disciplines. These brief modules are envisioned as a resource for teachers to use in a classroom setting and also for quantitative literacy workshops for teachers. Each module typically contains one or two examples related to "real world" quantitative literacy issues and includes exercises for students. There is also a section "for the instructor" that contains discussions of some of the topics, solutions to the exercises, and resources for further explorations.

 

Considering Credit Options

Robert Quinn
Ubiversity of Nevada

We are bombarded in our daily lives with tempting credit offers. Enticing first year credit card rates and zero percent financing on a new car are but a few of these seemingly fantastic offers. As the old adage goes, if something looks to good to be true, it probably is. While the black and white nature of this statement may not be entirely accurate, it is important that we carefully consider the actual implications of such deals before proceeding.

The mathematics is simple interest and percents.