2HMT PPT 8 + PPT 9 check

• Economie
• Middelbare school
• vmbo t
• Leerjaar 4

2HMT

PPT 8 check

You need a calculator. PPT's are optional.

MacBook (€2.939) can be bought €50 per month for 6 years. What are the costs of credit of this option?

1. no idea
2. €50 x 72 month = €3.600
3. €50 x 72 month = €3600 €3.600 - €2.939 = €661
4. €50 x 6 = €300 €2.939 - €300 = €2.639

You want to buy a product that can last quite long.

In order to pay for something that is needed right away

In order to buy a house

Savings amount €300.
Interest rate 4,5%.
Compound interest

1. Savings amount after 3 years: €300 x (1,045)^3 = €342,35
2. No idea
3. Savings amount = €342,35 so interest from 3 years is €42,35
4. €300 : 100 x 4,5 = €13,50 €13,50 x 3 = €40,50

Monthly instalment is paying for your loan (lening).

You can have long or short loans.

1. If you have a long loan, your instalment will be 

2. A long term loan will give                  cost of credit. 
Saving is                       expensive than borrowing. 

  

less

higher

low in €

high in €

lower

Mortgage

Personal loan

Salary credit

Equal amount per month

Buying a home

Height of salary determines the height of the loan

Bike €1000 at once or
€75 per month for 24 months
Cost of credit?

1. No idea
2. €1800
3. €2800
4. €800

PPT 9 + practice 9

Which item below is a scarce good?

1. wind
2. sunlight
3. forest
4. time

Lease

Rent

Wage

Interest

Profit

Nature

Capital

Labour

Entrepreneur-ship

Money flow --> From consumer to company

People
earn
money

-->

-->

-->

Less
unemploy-
ment
(werkloos-heid)

Companies will produce more

Buying goods and services

More labour is needed

Money flow --> From bank to more tax income

People
start saving
money

-->

-->

-->

More production and more tax income

Money will be put on the bank (savings)

Bank will give out loans

Companies
can invest