Cash Course 5: Borrowing

Cash Courses are a series of short units designed to introduce students to essential financial literacy topics. It’s the basics of stuff they need to know to be able to develop good money habits and make informed financial decisions. The workbooks are interactive pdf’s, so can be completed on a computer. Activities are designed to be self directing, with individual tasks and some group or class discussions if you choose to lead the topic this way. Students completing this Cash Course will learn about borrowing money using the scenario of a loan to purchase a car.

9-12

1-4 hrs

Mathematics and Statistics
Social Sciences

$20

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Student learning

Through this Hot Topic, students will:

Understand and articulate the different borrowing options available today
Learn how to finance a major purchase, and what to consider when borrowing.

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Curriculum links

Personal Financial Management is a fundamental part of a young person’s education. The Hot Topics series is designed to support the development of the key competencies. The series also has links to the Social Sciences and Mathematics and Statistics learning areas.

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Students taking part will

Compare and contrast the different borrowing options available
Calculate mortgage repayments using different scenarios
Calculate the total costs of financing a vehicle purchase.

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Download includes:

Cash Course 5: Borrowing - Student workbook
Cash Course 5: Borrowing - Sample answers

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Check you have the latest version here:

[Document ID] Resource Name

[CA5-001-1] Cash Course 5 - Borrowing (Workbook).pdf
[CA5-002-1] Cash Course 5 - Borrowing (Sample Answers).pdf

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