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 * ** How would **
 * You Spend $10,000 Dollars ** ||
 * ||  |||| Total Spent ||
 * ||  |||| ** $1,431.40 ** ||
 * ** Item ** || ** Description ** || ** Item Value ** || ** Luxury **
 * Necessity ** ||
 * Tv || Porcan 50” led Tv || $250 || Livinging room ||
 * Couches || Spring blue couches || $450 || livinging room ||
 * Stove || stainless steal stove || $428 || kitchen ||
 * Frigidaire || Top freezer white || 283.93 || kitchen ||
 * blows || black blows 4 pack || 9.99 || kitchen ||
 * plates || black plates 4 pack || 9.99 || kitchen ||


 * || APR=15% || Compound interest ||  ||
 * Principal || %month || Amount due || payment ||
 * $10,000 || 1.25% || $10,125 || $450 ||
 * $9,675 || 1.25% || $9,796 || $450 ||
 * $9,346 || 1.25% || $9,463 || $450 ||
 * $9,013 || 1.25% || $9,125 || $450 ||
 * $8,675 || 1.25% || $8,784 || $450 ||
 * $8,334 || 1.25% || $8,438 || $450 ||
 * $7,988 || 1.25% || $8,088 || $450 ||
 * $7,638 || 1.25% || $7,733 || $450 ||
 * $7,283 || 1.25% || $7,374 || $450 ||
 * $6,924 || 1.25% || $7,011 || $450 ||
 * $6,561 || 1.25% || $6,643 || $450 ||
 * $6,193 || 1.25% || $6,270 || $450 ||
 * $5,820 || 1.25% || $5,893 || $450 ||
 * $5,443 || 1.25% || $5,511 || $450 ||
 * $5,061 || 1.25% || $5,124 || $450 ||
 * $4,674 || 1.25% || $4,733 || $450 ||
 * $4,283 || 1.25% || $4,336 || $450 ||
 * $3,886 || 1.25% || $3,935 || $450 ||
 * $3,485 || 1.25% || $3,529 || $450 ||
 * $3,079 || 1.25% || $3,117 || $450 ||
 * $2,667 || 1.25% || $2,700 || $450 ||
 * $2,250 || 1.25% || $2,278 || $450 ||
 * $1,828 || 1.25% || $1,851 || $450 ||
 * $1,401 || 1.25% || $1,419 || $450 ||
 * $969 || 1.25% || $981 || $450 ||
 * $531 || 1.25% || $538 || $450 ||
 * $88 || 1.25% || $89 || $450 ||
 * -$361 || 1.25% || -$366 || $450 ||
 * -$816 || 1.25% || -$826 || $450 ||
 * -$1,276 || 1.25% || -$1,292 || $450 ||
 * -$1,742 || 1.25% || -$1,764 || $450 ||
 * -$2,214 || 1.25% || -$2,241 || $450 ||
 * -$2,691 || 1.25% || -$2,725 || $450 ||
 * -$3,175 || 1.25% || -$3,215 || $450 ||


 * Making only the minimum monthly payment will get you out of debt quicker? True or False. Justify your answer with examples. False because only paying the minimum is going to race the payment to even more.
 * 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 are paying off your payments so that the people that u own money too wont make anymore money off of you.
 * Paying down on the principal will get your out of debt faster? True or False. Justify your answer with examples. false because u also have to pay off other payments and you wont be able to pay off the other payments. This is True. You must pay down (decrease) the principal to get out of debt.
 * You should pay off your credit card bill every month? True or False. Justify your answer with examples. True because if you don't then the bill will rise.


 * discretionary spending- Thei is the google answer, not the one from the book. This spending is an optional part of fiscal policy, in contrast to entitlement programs for which funding is mandatory Such spendingis usually authorized by Congress in another act.
 * net worth- The worth is the amount left when you subtract what you owe for what you own..
 * giving- Giving money to those who need.
 * savvy shopping- Make sure its something that you need if not then dont buy it right away. The best thing to do is reachsearch the thing that u want to buy.
 * budget- Something that makes sure that u pay bills and helps u not spend all of your money at once. Also helps you know how much money that you have.
 * debt- something, typically money, that is owed or due.T he state of owing money.
 * credit card pros and cons- cons, Interest. One of the most obvious drawbacks of using a credit card is paying back interest.Late fees. Miss a payment and you'll pay a late fee.Ease of spending. Credit cards make it easy to spend money — maybe too easy. ...Destroy credit. If abused, credit cards can send your credit score into a downward spiral.
 * debit card pros and cons- You dont have to pay later you pay now. But sometimes its good to pay later so that you can bild up you creidt.
 * borrow and downpayment- A down payment is the amount, usually stated as a percentage, of the total cost of a property that you pay in cash as part of a real estate transaction. The down paymentis the difference between the selling price and the amount of money you borrow to buy the property.
 * APR- An annual percentage rate (APR) is the annual rate charged for borrowing or earned through an investment, and is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan.
 * credit score-a number assigned to a person that indicates to lenders their capacity to repay a loan
 * public and private colleges- Another difference between private and public collegesis their size and the number of degrees they typically offer. Private colleges tend to be much smaller thanpublic universities and may have only a few thousand students. Public universities and colleges can be big, and some are huge.Sep 29, 2015

=**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?=