Tenth graders learn the anatomy of a loan — principal, APR, term, down payment, and collateral. Understanding these terms lets you compare loans and see the true cost of borrowing for a car, school, or home.
Students will be able to…
Before you sign for a car or a loan, you need to understand the fine print. What do the key loan terms mean?
Project this and match each loan term to its meaning — tap the term, then tap the meaning.
Tap any phase to open the teacher moves and student actions.
Before signing for a loan you must understand the terms — what do they mean?
Students explore.
Students practice.
Students apply.
Students close.
Aligned to the C3 Framework (Economics) & the National Standards for Personal Financial Education.
Explain loan terms & APR.
Explain borrowing costs.
Draw conclusions about loans.
Compare loan offers.
Preview the three formative checks. Tap “Sample answer” to see what mastery looks like — hide them before you print for students.
Have students compare two loans and explain which has the lower cost, using APR. A printable loans sheet is in the Social Studies library.
Tap a card to flip it, then rate whether you knew it. Built from this lesson’s vocabulary.
A quick self-check with instant feedback, drawn from this lesson’s key terms.
A print-and-go review sheet with a built-in answer key. Tap “Show answer key” to reveal answers, or print the clean version for students.