Student+Purchases+ICS16OST


 * ** How would **
 * You Spend $10,000 Dollars ** ||||  ||
 * ||  |||| Total Spent |||| Total Remaining: ||
 * ||  |||| ** 9434.7 ** |||| ** 565.3 ** ||
 * ** Item ** || ** Description ** || ** Item Value ** || ** Luxury **
 * Necessity ** || ** Online Source ** ||
 * 46" TV || Sony Bravida 46" LCD TV || 1399 || Luxry || __ [] __ ||
 * Ipod Nano || Ipod Video Nano with 8 GB memour || 149 || Luxry || __ [] __ ||
 * Xbox 360 || Xbox 360 Video Game || 259 || Luxury || __ [] __ ||
 * bed || Standard Bed Frame || 36 || Necessity || []^9341368657-device^c-plaid^1100100980973-sku^79950220109@ADL10BMC-adType^PLA ||
 * stove || 24” Smoothtop Electric Range || 806.55 || Necessity || [] ||
 * Plate || White Plates || 19.99 || Necessity || [] ||
 * beanbag chair || Brown Bean Bag || 179 || Necessity || [] ||
 * Matress || Temper Pedic || 1199 || Necessity || []|pcrid|45202390326|pkw || pmt|&aff=5135 ||
 * Mini Fridge || Iron Man Mini Fridge || 79.99 || Necessity || http://www.thinkgeek.com/product/ioin/?itm=125854294845custom0home_%26_office%26custom1kitchen%26id&rkgid=1842724105&cpg=ognone&source=google_none&adpos=1o2&creative=62137312965&device=c&matchtype=&network=g&gclid=CKDv1N-zvswCFcokhgodWTgDEw ||
 * Iphone || iPhone 6s Plus || 949.94 || Luxury || []|HWLKrdp9-dc_mtid_1870765e38482_pcrid_12353357411_&cid=aos-us-kwm-iphone ||
 * Dryer || Electric Dryer || 444.5 || Necessity || []|97344451517 || &utm_source=google&utm_medium=cpc&utm_term=&utm_campaign=GSC+-+Maytag&cid=cse-google-GSC+-+Maytag+|+Appliance+Packages-GSC+-+Maytag# ||
 * Washer || Electric Washer || 444.49 || Necessity || []|97344451517 || &utm_source=google&utm_medium=cpc&utm_term=&utm_campaign=GSC+-+Maytag&cid=cse-google-GSC+-+Maytag+|+Appliance+Packages-GSC+-+Maytag# ||
 * Dishwasher || 24 inch full console dishwasher || 534.1 || Necessity || [] ||
 * Microwave || Hamilton Beach || 45.12 || Necessity || [] ||
 * Couch || Small Spaces Living Room Bundle || 415 || Necessity || [] ||
 * Laptop || Macbook || 1279 || Luxury || [] ||
 * Clock || Utensil Clock || 19.11 || Luxury || http://www.walmart.com/ip/Mainstays-15-Utensils-Wall-Clock/20554637 ||
 * Cups || Solo Cup || 6.53 || Luxury || [] ||
 * Glass || Mini drinking cup || 6.84 || Luxury || [] ||
 * Towels || Bath Towel || 16.66 || Necessity || [] ||
 * Desks || L-Shaped desk with Husk || 89.98 || Necessity || [] ||
 * Pens || Writable utensil || 4.79 || Necessity || [] ||
 * Pencils || Writable utensil || 5.97 || Necessity || [] ||
 * Chair || chair and ottoman || 136.15 || Necessity || [] ||
 * Video games || ? || 59 || Luxury || [] ||
 * Refrigerator || Stainless Steel Refrigerator || 849.99 || Necessity || www.sears.com/kenmore-25.4-cu-ft-side-by-side-refrigerator/p-04650023000P?sid=IDx01192011x000001&gclid=CJujqN-svswCFUokhgodvIQAvw&gclsrc=aw.ds ||

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 * 1) Why do people use credit cards? People use credit cads to buy things now and pay later.
 * 2) What are advantages and disadvantages of credit cards? Some advantages of having a credit cards are that you can buy things now and pay later. Some disadvantages for having a credit card is you get charged a monthly interest.
 * 3) What do the following terms mean? credit card- a card that allows you to buy things now and pay for it later.
 * 4) principal- The amount you have to pay off
 * 5) APR- Annual percentage rate
 * 6) simple interest-Money you pay extra to a bank to make money.
 * 7) monthly payments- The amount you pay each month.
 * 8) 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? It can help in the future by helping you stay ahead of payments and help save money for yourself to help you later in life.
 * 9) What is the most important idea you have learned from this lesson? Saving your money is extremely important.