'Interest principal' diaporamas de présentation

Math 50

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Personal Financial Literacy Mrs. VanWart

Personal Financial Literacy Mrs. VanWart. CD = certificate of deposit lock in a guaranteed interest rate for specific period of time usually slightly higher than savings account incur penalty for early withdrawal. credit cards : charge a purchase bill comes once a month

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8.4 Simple and Compound Interest

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Week 3 The Time Value of Money

Week 3 The Time Value of Money. The Principle of Interest. People have a positive rate of time preference. (Some people more than others) People must be persuaded to forgo current consumption. People are willing to pay a premium to get current consumption. Simple Interest. I = PRT

117 views • 6 slides