Personal Finance – 5/30/17
I. Objectives:
- Determine the impact of interest rates and time on total interest accrued
- Identify common savings vehicles (savings account, CDs, MMAs)
- Describe common features (liquidity, minimum balance, interest rate) of savings vehicles
- Understand that compound interest leads to more interest over time than simple interest
- Describe the impact of compounding frequency on total interest accrued
II. Register on Everfi
Everfi Modules: https://platform.everfi.net/registration/login
| Class Code: 78db00e3 |
III. Complete the Savings Module
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