NewhomeicsAR15

Only 3 items??
 * ** Item ** || ** Description ** || ** Item Value ** || ** Luxury **
 * Necessity ** || ** Online Source ** ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * bed set || Subtle-touch 3pc queen || $108 || necessity || __ http://www.beallsflorida.com/online/subtle-touch-brook-paisley-3-pc-full-queen-bed-set?cm_vc=PDPCS __ ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * dresser || Belmar white finish || $600 || necessity || __ http://www.roomstogo.com/product/Dressers/Belmar-White-Dresser/32114972/ __ ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * refrigerator || Bottom-freezer stainless steal || $989 || necessity || __ http://www.lowes.com/pd_616438-46-MBF1953DEM_1z0y0cd+1z108sb+1z10e4l+2z8vs __?productId=50236555&Ns=p_product_qty_sales_dollar|1&pl=1&currentURL=%3FNs%3Dp_product_qty_sales_dollar%7C1%26page%3D1&facetInfo=Stainless%20steel|$800%20-%20$1000__ ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||

=Questions:= =**Why do people use credit cards?** **//so people don't have to pay right away and can just keep putting money into their accounts//**=

=What are advantages and disadvantages of credit cards? //advantages: you can pay later disadvantages: people can steal them and hack into your bank account//=

=What do the following terms mean? credit card, principal, APR, simple interest, monthly payments. //a card that transfers money from your bank account to wherever you're paying; the differrence of money; when someone gives you money and raises the price for what you have to give back; you pay a certain amount of money every month//=

=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? //If you don't calculate right you can end up in major debt or extra money that you aren't supose to have//=

=What is the most important idea you have learned from this lesson? //how to deal with money and interests//=