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Money and You: Course Notes

Section 5.7 Homework Week 5

  1. Please submit your work on the following activities:
  2. For each of the following pairs, determine which option would most likely result in a lower (better) APR on a loan.
    1. Having a credit score of 520 vs. a credit score of 750.
    2. Wanting a loan to buy a car vs. wanting a loan to pay for school tuition.
    3. A 5 year loan vs. a 20 year loan.
  3. In this week, we targeted two learning goal for the course - accessing wellness tools and social emotional skills. Write a few sentences as to how this week’s material has helped you progress toward meeting these learning objectives. The learning goal objectives are as follows:
    • Accessing wellness tools: Students develop tools for improving their physical, social, and/or mental/emotional health and overall college experience.
    • Social-emotional Skills: Students identify personal social, emotional, and cognitive skills to be practiced and developed; including self-awareness, self-management, social awareness, responsible decision making, relationship skills, and communication skills.