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Bell Work: What promise do consumers make every time they use their credit cards?
Today: Chapter 25.1 The Basics of Credit
Our objectives will be to:
Bell Work: What promise do consumers make every time they use their credit cards?
Today: Chapter 25.1 The Basics of Credit
Our objectives will be to:
- Define credit and indicate three factors that determine the interest that will be paid.
- Name different groups in our society that use credit.
- Identify three advantages and disadvantages of using credit.
Read the Standard & Poor's Advantages of Debt on page 442 of your text.
As always,
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