Personal Finance – 3/17/17
I. Bellwork:
A. Show your work. Round to the penny
- What is the maturity value of 7% on $3,500 for 20 days using a 360-day year?
- What is the maturity value on $15,000 for 1 year and 4 months at 8% interest?
II. Objectives:
- Calculate simple interest and maturity value using the simple interest and maturity value formulas.
- Analyze and interpret financial information from source documents to record transitions
- Make financial decisions based upon various scenarios provided
III. Classwork
- H & R Block Challenge Pay Bills, record transactions, & take quiz
IV. Exam- Simple Interest & Maturity Value
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