Discuss about the personal finance
Discussion:
Brief and Guidance
As we wrap up this look at Personal Finance, share with the class the one thing that has made the strongest impression on you, and that you will either start to use or use more effectively in the future.
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How much simple interest is earned over the life of the investment?How much compound interest is earned over the life of the investment?
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As we wrap up this look at Personal Finance, share with the class the one thing that has made the strongest impression on you
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You need $28,974 at the end of 10 years and your only investment option is an 8% long-term certificate of deposit (compounded annually).
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