Overview of class 5.7 and 5.8

Here's the link for the powerpoint get it
I also used some parts of this powerpoint get it here

Here's the handouts:
5.7 handout
5.8 handout

Check out some of the links I used in class for videos and the interest calculator on CNN
CNN debt reduction calculator

Video on debt

Video on uninhibited growth

Main point of today's lesson is: there's a reason why we are told to avoid debt. Interest is an example of exponential growth. This section is about compound interest. If you learned anything today from class I hope it is to think smart about your purchases and determine whether or not the things you put on a credit card are worth carrying the debt for so long.