Lesson seven 26-9-2022

• Economie
• Middelbare school
• havo
• Leerjaar 3

Welcome!

t3b

Economics: lesson seven

Chapter 2 Dealing with money

Paragraph 2.1 Saving and investing?

Goals of the lesson

- Being able to explain the saving motives in your own words

- Remember the different types of saving accounts

- Being able to explain the difference between variable- and fixes interest

-Being able to explain and calculate the difference between single- and compound interest 

- Explain in your own words what investing means

Investing in tangible assets

-Government needs money --> bonds

                     - Fixed interest (little risk)

-Companies need money--> stocks

                    - company makes a profit? --> return on investment

                    - a loss --> nada (more risk)

Inflation

Nominal interest =  in €€€€€

Real interest = nominal corrected by inflation

Practice single interest

.

I have €47,- savings. Interest = 0,2%. Calculate the single interest for year 2 and 3

Practice compound interest

nn

I have €125,- savings, interest = 0,3%. Calculate the compound interest for 4 years.

Any questions?

About what we learned today?

About the homework?

Let's get to it!

• What: Do the following exercises: 7, 10, 11, 14, 15, 17, 19 and 20

• How: In your notebook

• With who: In pairs or alone

• Time: Untill a few minutes before the end of the lesson

• Purpose: Process all theory from paragraph 2.1

• Klaar?: Call me, I'll tell you what to do next