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Challenge: “The Debt Payoff Challenge”: Difference between revisions
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Challenge: “The Debt Payoff Challenge” (view source)
Revision as of 16:48, 1 January 2025
, 1 JanuaryCreated page with "{{blc| Activity: “The Debt Payoff Challenge” }} Overview: Students are given a scenario where they owe $10,000 in student loans spread across three loans with varying interest rates. They must analyze repayment options and create a plan to minimize total interest paid and pay off the debt efficiently. Materials Needed: Debt Profile Sheet: Each group gets the following information: Loan A: $4,000 at 6% interest. Loan B: $3,000 at 8% interest..."
(Created page with "{{blc| Activity: “The Debt Payoff Challenge” }} Overview: Students are given a scenario where they owe $10,000 in student loans spread across three loans with varying interest rates. They must analyze repayment options and create a plan to minimize total interest paid and pay off the debt efficiently. Materials Needed: Debt Profile Sheet: Each group gets the following information: Loan A: $4,000 at 6% interest. Loan B: $3,000 at 8% interest...") |
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