Standard #: MA.912.F.3.1 (Archived Standard)


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Compare the advantages and disadvantages of using cash versus a credit card.


Remarks


Example: Compare paying for a tank of gasoline in cash or paying with a credit card over a period of time.

General Information

Subject Area: X-Mathematics (former standards - 2008)
Grade: 912
Body of Knowledge: Financial Literacy
Standard: Loans and Financing - Become familiar with and describe the advantages and disadvantages of short-term purchases, long-term purchases, and mortgages.
Date Adopted or Revised: 09/07
Content Complexity Rating: Level 3: Strategic Thinking & Complex Reasoning - More Information
Date of Last Rating: 06/07
Status: State Board Approved - Archived

Related Courses

Course Number1111 Course Title222
1200500: Advanced Algebra with Financial Applications (Specifically in versions: 2014 - 2015 (course terminated))
7912105: Fundamental Consumer Mathematics (Specifically in versions: 2013 - 2015, 2015 - 2017 (course terminated))


Related Resources

Video/Audio/Animation

Name Description
Introduction to Dangers of Using Credit

This episode of Warren Buffet's Secret Millionaire's Club (4 minutes) introduces the dangers of using credit and only making the minimum monthly payment.

Student Resources

Video/Audio/Animation

Name Description
Introduction to Dangers of Using Credit:

This episode of Warren Buffet's Secret Millionaire's Club (4 minutes) introduces the dangers of using credit and only making the minimum monthly payment.



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