Business Management – 9/26/2017

I.  Bellwork

  • Page 48 Review Concepts 11-16 Write the question & the answer

II.  Objectives:

  • Understand that compound interest leads to more interest over time than simple interest
  • Describe the impact of compounding frequency on total interest accrued
  • Describe the purpose of a budget
  • Describe best practices to use when making a financial plan/budget
  • Orally explain the rule of 72 and its importance

III.  Discussion:  Rule of 72

  • Classwork: EverFi Financial Literacy – Savings & Banking Modules

IV.  Exit Ticket:

Explain 4 thinks you learned from your module today


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