Compare the total cost of reducing a credit card balance to zero with minimum versus above-minimum payments, all other terms being equal and no further purchases being made.
Standard detail
d.
Benchmark
Depth 3Parent ID: 98DC1A7DB7C24EEABC154A1A1E5313FDStandard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- d.
- List ID
- d.
- Standard ID
- 442E0D34828945288817ADBB92E56D62
- ASN identifier
- S2609120
- Subject
- Personal Finance Education
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- 98DC1A7DB7C24EEABC154A1A1E5313FDE99BCEB2C6694E9FB96E7DE7BEFEBACB37487946B0944D5BB583CBCBC0EB3C93
- Source document
- National Standards in K-12 Personal Finance Education (2015)
- License
- CC BY 3.0 US