Lesson 8 paragraph 3.1 + HW 2.3

• Economie
• Middelbare school
• vwo
• Leerjaar 3

Welcome T3!

Economics lesson 8.

Please sit according the seating plan :)

Plan for today

Chapter 3: Dealing with money

Paragraph 3.1: Saving.

1. Start 

2. HW 

3. (meme) Lessongoals + instruction 3.1

4. Lesson goals check

5. Time to do the homework

Homework

Questions?

Lesson goals 3.1

You know the different savings motives

(Q5 and 6)

You can calculate with single and compound interest (Q6,7,8,10,11,12)

Life course

What do you spend money on?

What do students spend money on?

What do parents spend money on?

What do old people spend money on?

Saving motives

Saving for a purpose

Precautionary savings

Saving for interest

Single- and compound interest

Single:  interest over original amount

Compound: interest over interest

Single interest

(Growth)factor -> 20% incease --> growthfactor 1,2

                                      20% decrease --> factor 0,8

Compound interest

Interest over interest

Practise

Do exercises 7&11

Lesson goals 3.1

You know the different savings motives

(Q5 and 6)

You can calculate with single and compound interest (Q6,7,8,10,11,12)

Lets get to business!

• What: Do exercises 1,4,5,6,8 and 12 of paragraph 3.1

• With whom: Alone or together

• Doel: Process what we learned today

• Done?: Work on another subject