NewHomeWM

Assignment #2

Create a new wiki page for you to use called NewHomecodeinitials.

Open your student_purchases spreadsheet in Open Office. Select the cells with data. use Ctrl C to copy the data. On your NewHome wiki page. paste the data (Ctrl V). Save the page. (Do not worry if you have not spent $10,000 or have not bought 21 items.) (See sample page)

On Khan Academy view: Introduction to Interest (simple and compound) You will not be required to make calculations based on Khan Academy example. However,watch it to better understand the relationships of the principal (balance owed), the Average Percentage Rate (APR), the interest calculations, and the monthly payments. Note that although many of you were surprised at the relationship between the principal (balance owed) and monthly payments, the formula used for the calculations on the student_purchases spreadsheet was much simpler than the actual calculations a credit card company would use.

Experiment with an online Calculator: Simple Interest Calculator Enter a principal value of $10,000. Enter an interest rate of 15%. Calculate for 5 years. Experiment with other values and percentages and years.

In pairs, discuss the following questions.The answers do not have to be written on the wiki page.

Making only the minimum monthly payment will get you out of debt quicker? True or False. Justify your answer with examples. False, You need to make large payments to get out of debt quicker. If you get out of college you'll need to pay of your debts (and you will have debts) best way to do it is to pay off your debt. The higher the interest rate, means you will pay less interest in the long run? True or False. Justify your answer with examples. True. If you pay more, you pay less in the long run. Paying down on the principal will get your out of debt faster? True or False. Justify your answer with examples. False, You should pay as much as you can. You should pay off your credit card bill every month? True or False. Justify your answer with examples. True. That way you aren't in debt every single month.

You Spend $10,000 Dollars ||||  || Necessity || Online Source ||  ||
 * How would
 * ||  |||| Total Spent |||| Total Remaining: ||
 * ||  |||| $10,000.00 |||| $0.00 ||
 * Item || Description || Item Value || Luxury
 * 46" TV || Sony Bravida 46" LCD TV || $1,399 || Luxry || __ [] __ ||  ||
 * Refrigerator || White, Common || $499 || Necessity || __ http://www.sears.com/kenmore-18-cu-ft-top-freezer-refrigerator-white/p-04660412000P?sid=IDx01192011x000001&kpid=04660412000&kispla=04660412000P&kpid=04660412000&mktRedirect=y __ ||  ||
 * Couch || Brown, leather || $925 || Luxury || __ http://www.cymax.com/poundex-bobkona-3-piece-hungtinton-microfiber-faux-leather-sectional-in-hazelnut-f7619.htm?src=PLA&srcid=6306179&gclid=CJ3M7dHktMMCFcdj7AodhwwArw&gclsrc=aw.ds __ ||  ||
 * Bed || Black, comfortable || $432.00 || Necessity || https://www.google.com/shopping/product/6534280983900533235?q=Bed+rooms+to+go&safe=strict&espv=2&biw=1280&bih=653&bav=on.2,or.r_qf.&ion=1&tch=1&ech=1&psi=2NXHVKiFCqvLsASchoGoCA.1422382823556.5&prds=paur:ClkAsKraX9iK5BFnGLtd0sgwWGxSN5armVhAPoZ4hX-MBSDBgAsYsTAwV1cmoVlVclolcVgsBFdXDd5q-TCdNS0_PIRMVQVzDOw7iPoDbVTdIddmPXq6gGIbkRIZAFPVH71MJPBxymXOAeMzLADjo6YFuH8iGA&ei=8tbHVOjjM_eSsQS-zIC4AQ&ved=0CO0BEKkrMAc ||  ||
 * Stove || Steel, clear || $584.00 || Necessity || https://www.google.com/shopping/product/8742059653466401065?safe=strict&espv=2&biw=1280&bih=653&output=search&q=Stove&oq=Stove&ei=ZdfHVOnBMJPjsAT4s4C4AQ&ved=0CMcBEKYrMAE ||  ||
 * Dining room set || brown || $463.00 || Necessity || https://www.google.com/shopping/product/215609150622420161?safe=strict&biw=1280&bih=653&sclient=psy-ab&q=dining+room+sets&oq=dining+r&pbx=1&bav=on.2,or.r_qf.&pf=p&sugexp=msedr&gs_rn=61&gs_ri=psy-ab&ds=sh&pq=toilets&cp=8&gs_id=12&xhr=t&tch=1&ech=8&psi=ZdfHVOnBMJPjsAT4s4C4AQ.1422383075066.1&prds=paur:ClkAsKraX9Ggt1YQgaE7AfAvEGdYHiF61mYMySGjXOTQy9n5wBHGgx_mYMtDHvZUPBLjWUqRxbb6EeO7r5_fV719Vjrrn4m6f-hSZamTJpvmeyIcqdofE0AzDhIZAFPVH714co3xhm7Nj7yhIs22W8Tw9GGILg&ei=-dfHVM2sE-iMsQTp84CYAg&ved=0COcBEKYrMAU ||  ||
 * Chandelier || Clear || $112.00 || Luxury || https://www.google.com/shopping/product/2447914902484355800?safe=strict&biw=1280&bih=653&sclient=psy-ab&q=chandelier&oq=chand&pbx=1&bav=on.2,or.r_qf.&pf=p&sugexp=msedr&gs_rn=61&gs_ri=psy-ab&ds=sh&pq=dining+room+sets&cp=5&gs_id=o&xhr=t&tch=1&ech=5&psi=ZdfHVOnBMJPjsAT4s4C4AQ.1422383202581.1&ei=b9jHVNeXIbWCsQThnIDQDQ&ved=0CLEBEKYrMAE ||  ||
 * Microwave || Clear and white || $151.00 || Necessity || https://www.google.com/shopping/product/17321440172326767094?safe=strict&biw=1280&bih=653&sclient=psy-ab&q=microwave&oq=microwave&pbx=1&bav=on.2,or.r_qf.&tch=1&ech=1&psi=ZdfHVOnBMJPjsAT4s4C4AQ.1422383297483.3&ei=C9nHVOHULIqQsQSb4oLABQ&ved=0CJYBEKYrMAA ||  ||
 * Deer Head || Real || $278.00 || Luxury || https://www.etsy.com/listing/186848556/vintage-taxidermy-deer-head-real-deer?utm_source=google&utm_medium=product_listing_promoted&utm_campaign=vintage-home_decor-wall_hanging-mid&ione_adtype=pla&ione_creative=54864812915&ione_product_id=186848556&ione_product_partition_id=92640636275&ione_store_code=&ione_device=c&ione_product_channel=online&ione_merchant_id=14230651&ione_product_country=US&ione_product_language=en&gclid=CNKl8aelt8MCFWho7AodiVwAjg ||  ||
 * Washing/Drying || White, Clean || $1,042.00 || Necessity || https://www.google.com/shopping/product/9161356821280018194?safe=strict&biw=1280&bih=653&sclient=psy-ab&q=stacking+washer+dryer+machine&oq=stacking+washer+dryer+machine&pbx=1&bav=on.2,or.r_qf.&ion=1&espv=2&tch=1&ech=1&psi=PSbJVP_DLcf7sAS99IK4Ag.1422469014923.7&prds=paur:ClkAsKraX6j_NIJ921nO-pb-lrEfptq8RLeMlEe8zwdbWTm-Jp4ZQOviqsZdGrYGzGA8NMjaDa30ca323-T6b3qqOlsuzKKrCimslu6bsTAxElt2gpDO9LHOqBIZAFPVH7298UiPBnt8-IIRPXC-4sikYWMJQA&ei=qyfJVJ-IBvb_sATqoYHQBg&ved=0CLQBEKYrMAI ||  ||
 * Dishes || White, Clean || $14.00 || Necessity || http://www.pier1.com/Luminous-Porcelain-Dinnerware/PS75,default,pd.html?utm_source=Google&utm_medium=PLA&utm_campaign=google_pla&utm_content=PS75&s_cid=pla0000003&s_kwcid=AL!4347!3!46548600197!!!g!89575174397!&gclid=&ef_id=VD1ScAAABacBBBRh:20150128182320:s ||  ||
 * Stereo || Small || $300.00 || Luxury || https://www.google.com/shopping/product/7000910991958633912?safe=strict&biw=1280&bih=653&sclient=psy-ab&q=stereo+kicks&oq=setreo&pbx=1&bav=on.2,or.r_qf.&pf=p&sugexp=msedr&gs_rn=61&gs_ri=psy-ab&ds=sh&pq=pool&cp=6&gs_id=35&xhr=t&tch=1&ech=10&psi=gijJVK6cO9SHsQSwnoKoBg.1422469457539.5&prds=paur:ClkAsKraX2AFbYj7ohe8C7E1OaM-uGkZ_uxBuR4YiotiE1_G4MgVaxU4fdoWjgZi-MkhscuIowE_Ge_vDJX-oUYSbxIRMDSICZL7jgFq06G7FzMg1PPexAHKcBIZAFPVH72nHc-Q6zPizY_THaLK3VnvX9BV1Q&ei=_SnJVP2UIeHLsASJvIG4CA&ved=0CIkEEKYrMAA ||  ||
 * Computer || White, Brand New || $1,600.00 || Luxury || https://www.google.com/shopping/product/3463315658188560948?safe=strict&biw=1280&bih=653&sclient=psy-ab&q=computer&oq=computer&pbx=1&bav=on.2,or.r_qf.&tch=1&ech=1&psi=DyvJVOvgEYvGsQTt9YKADQ.1422469979118.7&ei=YSvJVOe1N-vIsAT06YHABg&ved=0COUEEKYrMAE ||  ||
 * Foosball || Brown, Green || $150.00 || Luxury || http://www.sears.com/54inch-foosball-table/p-00601232000P?sid=IDx01192011x000001&kpid=00601232000&kispla=00601232000P&kpid=00601232000&mktRedirect=y ||  ||
 * Aquarium || Clear, table || $750.00 || Luxury || https://www.google.com/shopping/product/9898478252626864390?safe=strict&biw=1280&bih=653&sclient=psy-ab&q=aquarium&oq=Aq&pbx=1&bav=on.2,or.r_qf.&bvm=bv.85076809,d.cWc&ion=1&espv=2&pf=p&sugexp=msedr&gs_rn=61&gs_ri=psy-ab&ds=sh&pq=clock&cp=2&gs_id=c&xhr=t&tch=1&ech=3&psi=rw7RVMqOPLDksATd1oKIAg.1422986928613.5&ei=vA7RVKa6LtWOsQTx2oDIBA&ved=0CO8BEKYrMAM ||  ||
 * Spork || Utensil || $10.00 || Necessity || https://www.google.com/shopping/product/8630272131257536506?safe=strict&biw=1280&bih=653&sclient=psy-ab&q=spork&oq=spork&pbx=1&bav=on.2,or.r_qf.&ion=1&espv=2&pf=p&bs=1&sugexp=msedr&gs_rn=61&gs_ri=psy-ab&ds=sh&pq=gold+spork&cp=0&gs_id=1w&xhr=t&tch=1&ech=2&psi=rw7RVMqOPLDksATd1oKIAg.1422987022169.5&prds=paur:ClkAsKraX2Ay2obm6oF29a9fZZZL9lw6mmy5cw6eTjueX3LCuNF0FglxjKcqXzlrRfZGH1ael0jqrO26f8cp66Uj-uetYqaoO1OjR3xYoftRdtS1I_M1RjyA9BIZAFPVH71FvU2rfW0lL2csG65iEhMkO8TSYg&ei=NQ_RVP6eLa3HsQSl84LYDg&ved=0CJMBEKYrMAA ||  ||
 * American Flag || Flag || $50.00 || Luxury || http://www.cvsflags.com/cof.cfm?gclid=CP6r8KewxsMCFYk8gQodJYYAcg ||  ||
 * Chia Pet || Grass || $15.00 || Luxury || https://www.google.com/shopping/product/9987552951117241020?safe=strict&biw=1280&bih=653&q=Chia+pet&spell=1&bav=on.2,or.r_qf.&ion=1&espv=2&tch=1&ech=1&psi=rw7RVMqOPLDksATd1oKIAg.1422987225722.7&prds=paur:ClkAsKraXyuIt4nOCpzhD1Jp39xtZ8ss8ak72E23YP0Owq5mzcMI3-rb8VP7ygOY-T8OtzxX0YvAi-3yqb8B0lrvxrHMuMdOkbRfgbLeczFBKcc8eA4Ha9lTZBIZAFPVH722Aias1xzLvlJX9NbEbjZJHu9b1g&ei=7g_RVPGPJsOHsQTa3YHoCQ&ved=0CKwBEKYrMAM ||  ||
 * Fedora || Fancy || $22.00 || Luxury || https://www.google.com/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#safe=strict&tbm=shop&q=fedora&spd=9808092868127065398 ||  ||
 * Beats || Fancy, black, expensive || $170.00 || Luxury || https://www.google.com/shopping/product/4322781729016187074?output=search&q=beats&oq=beats&safe=on&gws_rd=ssl&prds=paur:ClkAsKraX_vfaDEweapr3yxWzLZSnxYIyjAyAlXK9nx3yTwfgQBXp0og1DcaMfV8AtyzuWt0uxbmQHnrZ8yJxv_jLH6MRpyXn7Z8p5Gv25RVXZHACVFk2_HRrRIZAFPVH71QYk97Hd-6Oqna59G9tZdVS6r-YQ&ei=VmDSVOCSJbPIsQTr1ICwDw&ved=0CJIEEKYrMAA ||  ||
 * Dish Washer || Stainless Steal || $900.00 || Necessity || https://www.google.com/shopping/product/17472592996256539364?safe=strict&output=search&q=dish+washer&oq=dish+washer&ei=omDSVMiOIIrHsQS384IQ&ved=0CJQBEKYrMAA ||  ||
 * Wifi || Black, small || $134.00 || Luxury || http://8774e4voip.com/draytek-vigor-2912n?gclid=CKmP05LyyMMCFYgdgQodCbEApA ||  ||