G9 Review of Financial Products, Interest & Budgeting
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Hiba wants to make an investment in a financial product from the UAE government.
A
credit card
B
certificates of deposit
C
national bond
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Asma wants to have her own house, but she does not have enough money. Which financial product can you recommend?
A
certificates of deposit
B
credit card
C
mortgage
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20000 X0.05= 1000 1st year
21000 x 0.05=1050 2nd year
21050 x 0.05 = 1052 3rd year
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