A Penny Saved is a Penny at 4.7% Earned

Learners create two budgets to help them decide how to allocate their income. Using interest rates, they calculate the amount of money they would have earned if they would have saved their money instead of spending it. They complete a worksheet to state which budget worked better for them.

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Concepts

Resource Details

Grade
9th - 12th
Subjects
Economics & Business
1 more...
Resource Type
Lesson Plans
Instructional Strategy
Inquiry-Based Learning
Usage Permissions
Fine Print: Educational Use