Lesson 9 on 22-3-2023

• Economie
• Middelbare school
• havo
• Leerjaar 3

Welcome!

t3d

Economics: lesson nine

Plan for today

1. Reading

3. Lesson goals - explanation - lesson goals

4.  Time to do the homework

Chapter 2 Dealing with money

Paragraph 2.1 Saving and investing 

Paragraph 2.2 Do you have enough money?

Lesson goals 2.2

Lesson 1:

- You can explain the different motives to borrow money in your own words

- You are able to calculate credit costs

-  You can explain the risks of borrowing money

Lesson 2:

- You can explain the difference between the most common types of loans

- You are able to explain the differences between the mortgage type 
 

Loan

Buy

Redemption

Instalments

+ interest / credit costs

Calculation credit costs

Credit costs= (number of monthly instalments × instalment table) – loan

Myra borrows €1500 to buy a scooter with montlhy instalments of €27,- with a duration of 5 years. 

Question: calculate the credit costs

5 jaar x 12 maanden = 60 maanden

60 x €27 = €1620

€1620-€1500 = €120 kredietkosten

debt-to-income ratio?   Other debts?

                                      (Check at BKR)

Risk!?

NO!

NO!

YES!

Lesson goals 2.2

Lesson 1:

- You can explain the different motives to borrow money in your own words

- You are able to calculate credit costs

-  You can explain the risks of borrowing money

Lesson 2:

- You can explain the difference between the most common types of loans

- You are able to explain the differences between the mortgage type 
 

Let's get to it!

• What: Do exercises 21a, 22, 24 until 27 

• With who: Together or alone

• Purpose: Process the information of this lesson

• Done?: Call me, I will tell you what to do next