Personal Loans


This lesson begins with students discussing the concept of loans, and then specifically payday loans. Students compute different loan scenarios and critically analyze the fees and APR structures of payday loans. Finally, students discuss and reflect on payday loans in general and compare to other personal loans.

NBEA Standard(s):
  • Computation, I. Mathematical Foundations
  • Computation, II. Number Relationships and Operations
  • Computation, III. Patterns, Functions, and Algebra
  • Computation, VI. Problem-Solving Applications

Lesson Plan Details:

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