Good math skills are an important core competency for most credit union employees. These interactive courses will familiarize you with calculations that are part of the lending and credit functions of a credit union.

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Following are the learning objectives for each course:

Basic Lending Concepts and Calculations:

• List four reasons math skills are important for credit union employees
• Compare and contrast key features of open-end credit and closed-end credit
• Define finance charge and annual percentage rate (APR) according to the Truth-in-Lending Act
• Describe techniques for converting percentages to decimals, rounding numbers, and counting days when calculating interest
• Explain techniques f