Business Math and Personal Finance
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Strand 9 (optional)

Students will understand and be able to calculate depreciation expense, accumulated depreciation, and book value.

Standard 2

Calculate annual and accumulated depreciation or the recovery cost of a fixed asset using the following methods:

• The Costs of Credit
  Students will indicate how using credit differs from using cash, checks, or debit cards, list the determinants for the demand for and supply of credit,and indicate why credit has a cost,given an interest rate, principal, and period of time, determine simple interest.

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http://www.uen.org - in partnership with Utah State Board of Education (USBE) and Utah System of Higher Education (USHE).  Send questions or comments to USBE Specialist - Racheal  Routt and see the CTE/Business, Finance and Marketing website. For general questions about Utah's Core Standards contact the Director - THALEA  LONGHURST.

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