'Earned interest' diaporamas de présentation

Unit 3 - Investing: Making Money Work for You

Unit 3 - Investing: Making Money Work for You. What do you think?. Adam started saving $50 per month when he turned 18, while Beth started saving $100 per month when she turned 24. They both earn 6% on their money. Beth will have more money by the time they both turn 30.

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Investing Money

Investing Money. What does it mean to invest money?. Investing means putting your money where it can make more money by earning higher rates of return. Money should be invested to help you achieve your intermediate and long-term financial goals.

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INVESTING Complete the following problem:

INVESTING Complete the following problem:. Michael invests $500 today in an account earning 7% interest. How much will it be worth in 1 year? 535$ $500(1+. 07)1. Saving and Investing. What does it mean to save money?.

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Compound Interest

Compound Interest. Does anyone have any interest in interest?. Very few banks today pay interest based on the simple interest formula. Instead, they pay interest by using a principle called compounding .

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Types of Investments

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Chapter 1 Personal Financial Planning

Chapter 1 Personal Financial Planning. Section 1.2 Opportunity Costs and Strategies. Personal Opportunity Costs. Personal resources require management just like financial resources. You have to make choices how you use your time.

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