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Identify finance charges as extra amounts added to cost of items that are not paid for on time.
Clarifications:
Student identifies the charges added to a bill for an unpaid balance on a credit card account.
General Information
Number: MA.912.F.3.In.c
Category: Independent
Date Adopted or Revised:
09/07
Standard:
Loans and Financing : Become familiar with and describe the advantages and disadvantages of short-term purchases, long-term purchases, and mortgages.
Related Benchmarks
This access point is an alternate version of the following benchmark(s).
Related Courses
This access point is part of these courses.
1207310: Liberal Arts Mathematics
1205370: Consumer Mathematics
1205540: Business Mathematics
1200500: Advanced Algebra with Financial Applications
2102310: Economics
2102320: Economics Honors
2102335: Economics with Financial Literacy
2102345: Economics with Financial Literacy Honors
7912105: Fundamental Consumer Mathematics
7921042: Fundamental Economics with Financial Literacy
7921022: Access Economics with Financial Literacy
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