Time Value of Money

Students pretend their sibling owes them money and they decide whether to have the money in one lump sum or over time charging interest. They calculate the difference in the two types of payments. They discuss why banks charge interest on the money we borrow and practice calculating different amounts at different interest rates and time periods.

6th - 12th Social Studies & History 3 Views 2 Downloads
Resource Details

Economics & Business
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Resource Type
Lesson Plans
Instructional Strategies
Skills Practice
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