1 Press Ctrl-A ©G Dear 2011 – Not to be sold/Free to use Interpreting Credit Card Statements Stage 6 - Year 12 Applied Mathematic [www.moneystuff.net.au/Default.aspx?tabid=226]

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1 Press Ctrl-A ©G Dear 2011 – Not to be sold/Free to use Interpreting Credit Card Statements Stage 6 - Year 12 Applied Mathematic [

2 Your Address

3 Date Statement issued.

4 Your Account Number

5 When the payment is due.

6 The smallest amount you can pay

7 Starting Balance

8 New Charges

9 What you have paid off.

10 What you owe.

11 Maximum you can borrow

12 What you can still borrow.

13 The Interest rate per annum

14 The Interest rate per day

15 The date of the transaction.

16 Transaction reference number.

17 Transaction details

18 Transaction amount. End of Slide

19 IncomeExpenditure Total Income Total Expenditure Wages Interest $5000 $150 $5150 Rent Shopping $1600 $800 $5150 Bills$2000 Entertainment$400 Savings$350 Savings – What’s left after spending Note – Total Income must equal Total Expenditure End of Slide

20 Income Expend DateDetails 1/3Rent$320 4/3Cinema$15 5/3Pay$1750 5/3Shopping$180 8/3Rent$320 12/3Electricity$221 16/3Rent$320 19/3Bank Interest$32 19/3Pay$ /3Shopping$220 24/3Rent$320 31/3Dinner$80 End of Slide