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Banking Options in Low-Income Communities
Author:
Jonathan Osler
Resource Type:
Lesson Plans
Math Content:
Interest, Compound Interest, Percent Growth
Justice Issues:
Financial Exploitation, Payday Loans, Check Cashing, Banking, Low-Income, Poverty
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Description:
Students explore how exploitative financial institutions are prevalent in low-income communities, and the mechanisms they use to take advantage of people. Students investigate compounding interest on loans.
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