Depreciation and Loans
Declining-balance depreciation, reducing-balance loans, credit cards and statements, and fees and charges.
Active lessons
5
Status
Active
Lesson flow
Learn -> Guided Practice -> Independent Practice -> Mastery Quiz
How to use this unit
- Start from lesson 1 and move through the pathway in order.
- Use guided practice before attempting independent practice.
- Mastery quizzes check whether the skill is ready for review or extension.
Unit pathway
Lesson pathway
5 of 5 active
Lesson 1
8A Declining-Balance Depreciation
Model asset depreciation using straight-line and declining balance methods, complete reducing balance loan tables, and compare loan types.
Lesson 2
8B Reducing-Balance Loans
Interest on the current balance, each repayment split between interest and principal, and why balances fall slowly.
Lesson 3
8C Credit Cards
Understand credit cards as reducing balance loans, compare interest rates with other loan types, interpret statements, and calculate compound interest on outstanding balances.
Lesson 4
8D Credit Card Statements
Read a statement for closing balance, interest, the minimum payment and the interest-free period.
Lesson 5
8E Fees and Charges
Include fees on top of interest and compare financial options by total cost, not rate alone.
Part of the Online Learning Package
Unit previews stay public, while individual lessons require active online learning access.