NewHomeAlmanzar


 * ** How would **
 * You Spend $10,000 Dollars ** ||
 * ||  |||| Total Spent ||
 * ||  |||| ** $10,000.00 ** ||
 * ** Item ** || ** Description ** || ** Item Value ** || ** Luxury **
 * Necessity ** ||
 * 46" TV || Sony Bravida 46" LCD TV || $1,399 || Luxry ||
 * Ipod Nano || Ipod Video Nano with 8 GB memour || $149 || Luxry ||
 * Xbox 360 || Xbox 360 Video Game || $259 || Luxury ||
 * PS4 Pro || Playstation Pro 4 console || $400.00 || Necessitty ||
 * Bladen Sofa || Bladen Sofa: Ashley Furniture || 299 || Luxury ||
 * Refrigetator || Stainless stell refrigerator || 891 || Luxury ||
 * Tempurpedic || Bed || 1199 || Luxry ||
 * Washer || Samsung Washer || 1000 || Luxry ||
 * Wifi || Google wifi || 433.53 || Necessitty ||
 * Bed frame || bedroom frame || 170 || Luxry ||
 * microwave || Microwave || 35 || Luxry ||
 * silverware || silver silverware || 130 || Luxry ||
 * curtains || shower curains || 20 || Luxry ||
 * desk || desk for tv || 177 || Luxry ||
 * table || dining table || 600 || Luxry ||
 * nightstand || Barchan nightstand || 98 || Necessitty ||
 * Towel || Solid Bath towel || 7 || Luxury ||
 * Blanket || Velvet Plush solid blanket || 20 || Luxury ||
 * Coffie maker || Ninja coffie bar || 130 || Luxury ||
 * Laptop || HP laptop || 260 || Necessitty ||
 * Home Theater Complete home theater ||  || 1900 || Necessitty ||
 * Dishwasher || Top control dishwasher || 397.8 || Luxury ||
 * popcorn maker || whirley popcorn maker || 24.95 || Necessitty ||
 * cup || ? || 0.72 || Luxry ||


 * APR=15% ||  || Compound Interest ||   ||
 * Principal || %month || Amount Due || Payment ||
 * $10,000 || 1.25% || $10,125 || $350 ||
 * $9,775 || 1.25% || $9,897 || $350 ||
 * $9,547 || 1.25% || $9,667 || $350 ||
 * $9,317 || 1.25% || $9,433 || $350 ||
 * $9,083 || 1.25% || $9,197 || $350 ||
 * $8,847 || 1.25% || $8,957 || $350 ||
 * $8,607 || 1.25% || $8,715 || $350 ||
 * $8,365 || 1.25% || $8,469 || $350 ||
 * $8,119 || 1.25% || $8,221 || $350 ||
 * $7,871 || 1.25% || $7,969 || $350 ||
 * $7,619 || 1.25% || $7,714 || $350 ||
 * $7,364 || 1.25% || $7,456 || $350 ||
 * $7,106 || 1.25% || $7,195 || $350 ||
 * $6,845 || 1.25% || $6,931 || $350 ||
 * $6,581 || 1.25% || $6,663 || $350 ||
 * $6,313 || 1.25% || $6,392 || $350 ||
 * $6,042 || 1.25% || $6,118 || $350 ||
 * $5,768 || 1.25% || $5,840 || $350 ||
 * $5,490 || 1.25% || $5,558 || $350 ||
 * $5,208 || 1.25% || $5,273 || $350 ||
 * $4,923 || 1.25% || $4,985 || $350 ||
 * $4,635 || 1.25% || $4,693 || $350 ||
 * $4,343 || 1.25% || $4,397 || $350 ||
 * $4,047 || 1.25% || $4,098 || $350 ||
 * $3,748 || 1.25% || $3,795 || $350 ||
 * $3,445 || 1.25% || $3,488 || $350 ||
 * $3,138 || 1.25% || $3,177 || $350 ||
 * $2,827 || 1.25% || $2,862 || $350 ||
 * $2,512 || 1.25% || $2,544 || $350 ||
 * $2,194 || 1.25% || $2,221 || $350 ||
 * $1,871 || 1.25% || $1,894 || $350 ||
 * $1,544 || 1.25% || $1,564 || $350 ||
 * $1,214 || 1.25% || $1,229 || $350 ||
 * $879 || 1.25% || $890 || $350 ||
 * $540 || 1.25% || $547 || $350 ||
 * $197 || 1.25% || $199 || $350 ||
 * -$151 || 1.25% || -$153 || $350 ||

If I pay 737 dollars a month it will leave me with this value.


 * Calculator Questions**

False, because you will have to pay more interest.
 * Making only the minimum monthly payment will get you out of debt quicker? True or False. Justify your answer with examples.

False, because the lower rate makes you have to pay.
 * The higher the interest rate, means you will pay less interest in the long run? True or False. Justify your answer with examples.

True because you will have to pay less interest.
 * Paying down on the principal will get your out of debt faster? True or False. Justify your answer with examples.

True, to pay less interest.
 * You should pay off your credit card bill every month? True or False. Justify your answer with examples.

= Why do people use credit cards? =

= What are advantages and disadvantages of credit cards? = Buy now pay later, and = = = What do the following terms mean? credit card, principal, APR, simple interest, compound interest, monthly payments =

= How can understanding the math calculations for the principal, APR, simple and compound interest, and monthly payments of credit card debt affect your overall financial situation in the future? = = = = = = What is the most important idea you have learned from this lesson? =