HSC Together Year 12 Maths Standard: Credit Cards

Maths Standard

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Credit Cards

Credit Cards are used to buy goods and services and pay for them later. The time where we are not paying for them accrues interest exactly like a loan, however, it is often calculated daily. 

 

What are Credit Cards?

The following video explains how they work.

 

How to Calculate Credit Card Interest

The following video explains how to calculate interest.

 

How Do Interest-Free Days Work?

The following video explains interest-free days and how to solve examples with interest-free days.

 

Further Examples

The following videos go through further examples of solving exam-style questions.

Part 1

Part 2

 

Want to learn more? Check out more of our HSC Standard Maths resources here!

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