Thursday, December 1, 2011

Thursday, December 1

...And it's December already!!!! Just think - it's only 3 1/2 weeks till break!

As you come in, here is your warm up assignments...

1) Vocabulary -
Blog Title: Q2, Week 6 Critical Reading Passage

Assignment:
STEP 1: Read the following critical readig passage.

Should there be more restrictions on credit card use?“Credit" is a contract between a consumer and the bank, a credit card company, or another lender. Credit cards are different from ATM or debit cards which make withdrawals directly from people’s checking accounts. In today's credit-dependent society, credit card use is viewed as normal. The average household credit debt is about $10,000. It is clear that many people use credit cards irresponsibly. When credit card companies issue credit to consumers, they do so based on their credit score, not the amount of credit a consumer can necessarily afford to pay back based on their income. When consumers run into trouble financially, high interest rates and aggressive late fees make it very difficult for them to pay off their credit card debt. The impact of this is that it hurts the economy.Credit card abuse is when people who do not have the income to support their credit card purchases, excessively and irresponsibly use them to finance what they buy and to pay their bills. Credit cards are widely used in the United States economy amounting to billions of dollars in credit card debt.

STEP 2 - Answer the following questions in a 5-sentence paragraph.
- When people abuse their credit cards they can seek help from consumer credit counselors, debt management companies, or they may need to file for bankruptcy.
- What would you do if someone gave you a credit card with a $20,000 limit?
- What would you do if the credit card company asked for all of their money back and 10% interest on what you had spent?
- What are some of the consequences of bankruptcy?

2) PLATO
If you are in Algebra -
Go to: Geometry and Measurement
Assignment: Solving Ratio, Proportion and Percent Story Problems

If you are in Geometry -
Go to: Geometry Basics, Points, Lines, Planes, and Angles
Assignment: Supplementary and Complementary Angles

No comments:

Post a Comment