Session Date
Lesson Topic
Credit and Borrowing
Lesson Outline
Fundamentals of Credit and Borrowing: Principal, Interest, Loan Term, Monthly Payments etc.
Examples of Credit Rating/Credit Score. Demonstration problem involving inverse relationship between loan term length and monthly payments. Use of online Intuit loan calculator.
Examples of Credit Rating/Credit Score. Demonstration problem involving inverse relationship between loan term length and monthly payments. Use of online Intuit loan calculator.
Assignment
None
Session Minutes
45
Minutes Student Attended
45
Lesson Comments
During today's lesson on Credit and Borrowing, Colson learned several important fundamentals and was very attentive. He was given a comprehensive example of comparing 2 Companies loans having equal principals but vastly different monthly payments due to the large difference in the length/terms of these loans.
Session Hours
0.75
Hours Attended
0.75
Entry Status
Review Status
Student Name(s)
Subject
School