1. example 2 Credit Card Debt Chapter 2.1 It is hard for some people to pay off credit card debts in a reasonable period of time because of high interest rates. The interest paid on a $10,000 debt over 3 years is approximated by when the interest rate is x%. What is the interest rate if the interest is $1637.60? (Source: Consumer Federation of America)  2009 PBLPathways

2. It is hard for some people to pay off credit card debts in a reasonable period of time because of high interest rates. The interest paid on a $10,000 debt over 3 years is approximated by when the interest rate is x%. What is the interest rate if the interest is $1637.60? (Source: Consumer Federation of America)

3.  2009 PBLPathways It is hard for some people to pay off credit card debts in a reasonable period of time because of high interest rates. The interest paid on a $10,000 debt over 3 years is approximated by when the interest rate is x%. What is the interest rate if the interest is $1637.60? (Source: Consumer Federation of America) interest rate in percent amount of interest in dollars

4.  2009 PBLPathways It is hard for some people to pay off credit card debts in a reasonable period of time because of high interest rates. The interest paid on a $10,000 debt over 3 years is approximated by when the interest rate is x%. What is the interest rate if the interest is $1637.60? (Source: Consumer Federation of America) interest rate in percent amount of interest in dollars

5.  2009 PBLPathways It is hard for some people to pay off credit card debts in a reasonable period of time because of high interest rates. The interest paid on a $10,000 debt over 3 years is approximated by when the interest rate is x%. What is the interest rate if the interest is $1637.60? (Source: Consumer Federation of America) interest rate in percent amount of interest in dollars

6.  2009 PBLPathways It is hard for some people to pay off credit card debts in a reasonable period of time because of high interest rates. The interest paid on a $10,000 debt over 3 years is approximated by when the interest rate is x%. What is the interest rate if the interest is $1637.60? (Source: Consumer Federation of America) interest rate in percent amount of interest in dollars

7.  2009 PBLPathways It is hard for some people to pay off credit card debts in a reasonable period of time because of high interest rates. The interest paid on a $10,000 debt over 3 years is approximated by when the interest rate is x%. What is the interest rate if the interest is $1637.60? (Source: Consumer Federation of America) interest rate in percent amount of interest in dollars

8.  2009 PBLPathways It is hard for some people to pay off credit card debts in a reasonable period of time because of high interest rates. The interest paid on a $10,000 debt over 3 years is approximated by when the interest rate is x%. What is the interest rate if the interest is $1637.60? (Source: Consumer Federation of America) interest rate in percent amount of interest in dollars

9.  2009 PBLPathways It is hard for some people to pay off credit card debts in a reasonable period of time because of high interest rates. The interest paid on a $10,000 debt over 3 years is approximated by when the interest rate is x%. What is the interest rate if the interest is $1637.60? (Source: Consumer Federation of America) interest rate in percent amount of interest in dollars

10.  2009 PBLPathways It is hard for some people to pay off credit card debts in a reasonable period of time because of high interest rates. The interest paid on a $10,000 debt over 3 years is approximated by when the interest rate is x%. What is the interest rate if the interest is $1637.60? (Source: Consumer Federation of America) interest rate in percent amount of interest in dollars

11.  2009 PBLPathways It is hard for some people to pay off credit card debts in a reasonable period of time because of high interest rates. The interest paid on a $10,000 debt over 3 years is approximated by when the interest rate is x%. What is the interest rate if the interest is $1637.60? (Source: Consumer Federation of America) interest rate in percent amount of interest in dollars

12.  2009 PBLPathways It is hard for some people to pay off credit card debts in a reasonable period of time because of high interest rates. The interest paid on a $10,000 debt over 3 years is approximated by when the interest rate is x%. What is the interest rate if the interest is $1637.60? (Source: Consumer Federation of America) interest rate in percent amount of interest in dollars An interest rate of about 10% on a credit card debt of $10,000 over 3 years will result in interest of $1637.60.

13.  2009 PBLPathways It is hard for some people to pay off credit card debts in a reasonable period of time because of high interest rates. The interest paid on a $10,000 debt over 3 years is approximated by when the interest rate is x%. What is the interest rate if the interest is $1637.60? (Source: Consumer Federation of America) interest rate in percent amount of interest in dollars An interest rate of about 10% on a credit card debt of $10,000 over 3 years will result in interest of $1637.60.