Hello everyone! It's Angela and i'm here to let you guys know exactly what happened in Friday's class, on September 13th. Whether you were absent or maybe you did not understand what we were learning, hopefully this post will help you out!

On Friday we learned Compound Interest. It is similar to Simple Interest but includes just a few more steps. In class, we worked individually on the first four examples in the booklet. As the class progressed, Mr. P showed the steps to a few of the examples on the smart board to make sure everyone was understanding how to use the formula. Both the simple interest and compound interest  work sheets can be found here. It is expected out of the class to do both examples 5 and 6 for homework. We learned more in depth about the difference between compound interest and simple interest, and which one would give the customer more money. We were even introduced to Rule 72, which can be found in your booklet. If you still cannot get the hang of the new formula, its ok! Here is a video I found on compound interest, just to jog your memory

We were given a credit card project that consists of a two page report on three different credit cards. Two will be credit cards such as MasterCard, Visa, etc. and the third will be a department store card, such as The Bay or Sears. To complete the project to the best of our abilities, Mr. P handed out a criteria sheet. Make sure to receive the assignment from Mr. P! The project will be due on the day of the unit test, which will approximately be in a week or so. Don't procrastinate!

Don't forget that the iPhone project will be due on the 18th of October! Any questions concerning either projects, assignments, or tests should be asked directly to Mr. P or any of our classmates.

Hope this helped and have an awesome weekend everyone!
                                                                                                 -Angela :-)