NewHomeSchnP

New Home spreadsheet


 * ** Item ** || ** Description ** || ** Item Value ** || ** Luxury **
 * Necessity ** ||
 * 4-in one bed || vidaXL 2-in-1 Rattan Lounge Set Outdoor Round Sun Bed with Canopy Brown || 447.23 || Neceessity ||
 * Samsung TV 32” LED || Samsung TV || 279.99 || Luxury ||
 * Gold Silverware 3 piece || Silverware || 60 || Necessity ||
 * Washing machine and dryer || [|Midea MFL70-D1211S Front-Loading Electric Washer/Dryer - 2 cu ft - White] || 682.75 || Necessity ||
 * Table || [|Alcott Hill Oakmeadow Dining Table] || 169.99 || Neceessity ||
 * Microwave || ** [|Samsung ME16K3000 1000W Over-the-Range Microwave - 1.6 cu ft - stai] ** || 148 || Neceessity ||
 * Stove || [|Frigidare 30" Freestanding Electric Range - White White] || 319.99 || Neceessity ||
 * Diningroom chairs (2) || DHI Nice Nail Head Upholstered Dining Chair || 79 || Neceessity ||
 * Fridge || [|Samsung RS25J500DSR Side-by-Side Refrigerator - 36" - 24.5 cu ft - Stainless Steel] || 649.25 || Neceessity ||
 * Tesla coil || Tesla Coil || 10.99 || Luxury ||

Compound Interest Spreadsheet I would pay $371.67 for 34 months. 5. False. You are only paying the minimal amount. False. The higher the rate the more you end up paying. True. You are paying the interest and more to pay off the original amount. True. The bank might not let you borrow money anymore if you don't.
 * || APR=15% || Compound Interest ||  ||
 * || %/month || Amount Due || Payment ||
 * $10,000 || 1.25% || $10,125 || 371.67 ||
 * $9,753 || 1.25% || $9,875 || 371.67 ||
 * $9,504 || 1.25% || $9,622 || 371.67 ||
 * $9,251 || 1.25% || $9,366 || 371.67 ||
 * $8,995 || 1.25% || $9,107 || 371.67 ||
 * $8,735 || 1.25% || $8,845 || 371.67 ||
 * $8,473 || 1.25% || $8,579 || 371.67 ||
 * $8,207 || 1.25% || $8,310 || 371.67 ||
 * $7,938 || 1.25% || $8,037 || 371.67 ||
 * $7,666 || 1.25% || $7,761 || 371.67 ||
 * $7,390 || 1.25% || $7,482 || 371.67 ||
 * $7,111 || 1.25% || $7,199 || 371.67 ||
 * $6,828 || 1.25% || $6,913 || 371.67 ||
 * $6,541 || 1.25% || $6,623 || 371.67 ||
 * $6,252 || 1.25% || $6,330 || 371.67 ||
 * $5,958 || 1.25% || $6,032 || 371.67 ||
 * $5,661 || 1.25% || $5,732 || 371.67 ||
 * $5,360 || 1.25% || $5,427 || 371.67 ||
 * $5,055 || 1.25% || $5,118 || 371.67 ||
 * $4,747 || 1.25% || $4,806 || 371.67 ||
 * $4,434 || 1.25% || $4,490 || 371.67 ||
 * $4,118 || 1.25% || $4,170 || 371.67 ||
 * $3,798 || 1.25% || $3,845 || 371.67 ||
 * $3,474 || 1.25% || $3,517 || 371.67 ||
 * $3,146 || 1.25% || $3,185 || 371.67 ||
 * $2,813 || 1.25% || $2,848 || 371.67 ||
 * $2,477 || 1.25% || $2,508 || 371.67 ||
 * $2,136 || 1.25% || $2,163 || 371.67 ||
 * $1,791 || 1.25% || $1,813 || 371.67 ||
 * $1,442 || 1.25% || $1,460 || 371.67 ||
 * $1,088 || 1.25% || $1,102 || 371.67 ||
 * $730 || 1.25% || $739 || 371.67 ||
 * $367 || 1.25% || $372 || 371.67 ||
 * $0 || 1.25% || $0 || 371.67 ||

6. A. Government spending implemented through an appropriations bills. No, this is the Google definition, and not the one from the book. B. Value of all assets, minus the total of all liabilities. C. To freely give something to someone. D. When you purchase something as soon as you have seen it. E. A road map for your money to follow. F. Something owed to another, such as money or services. G. Instant gratification,Tracking,Rewards,Credit History, Too convenient, Interest, Access, Acceptance, Co signers. H. Accepted nearly everywhere, Convenient, Fast, Easier to get then credit cards, Tracking, Fees, Fraud, Buying doesn't help building history, Rewards are rare. I. To take or receive (something) with the intention of returning it or something equivalent to it. J. Annual percentage rate. K. Grade point average for your money. L. Private schools are more than public schools unless you have a scholarship.

=**Questions:**=
 * 1) =Why do people use credit cards?=
 * 2) =What are advantages and disadvantages of credit cards?=
 * 3) =What do the following terms mean? credit card, principal, APR, simple interest, compound interest, monthly payments=
 * 4) =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?=
 * 5) =What is the most important idea you have learned from this lesson?=