There are lots of things to consider. It seems fair to assume that since you are even asking, you may know that you are good at math, and probably like it. Taking courses like this, especially if you like the topic, is always a good idea. Have you given any thought to what you might like to do? It goes without saying that if you are considering any field of science, engineering or technology, then pre-calc is not a bad choice. Even if you are choosing something more geared to liberal arts, having an intellectually varied background will never hurt. A friend went to Med School with a BA in music. I'm not saying this to suggest that your choice over pre-calculus is not important; only that a breadth of knowledge is respected, and whatever you choose, if you think about balance, will be helpful to you. If your good in math and a good studier, taking this class will only help you and it looks good to have taken the class.
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No. College Algebra and Precalculus (or Trigonometry) are enough preparation to take Calculus.
You take it so you dont have to take it in High School.
You should probably take classes that relate to your desired career, if any are offered at your high school. General classes to take are English and Math, and other college-preparatory classes. In the end though, the classes that you choose in high school generally won't matter as much to a college as how well you did (your GPA (grade pooint average)) and your test scores. If you are trying to get into a really prestigious college it would matter more.
You can take any math you want in High School that is at your level. Most of the available classes for most schools are Intro to Algebra I, Algebra I, Geometry, Algebra II, pre-Calculus, and Calculus (not always offered). As long as you take any of these maths (the amount in years varies from place to place), and pass, you can graduate from high school.
It depends when you take the course. Some people take it their senior year in school or are not ready to take it until college. I took it my junior year in high school.