Cash Course 6: Interest

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 what interest is, earning interest on savings, and the cost of interest when borrowing money.

9-12

1-4 hrs

Mathematics and Statistics
Social Sciences

$20

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Student learning

· What interest is

· About interest rates

· Simple and compound interest

· Earning interest on savings

· The cost of interest on loans

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Curriculum links

Personal Financial Management is a fundamental part of a young person’s education. The Cash Course 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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‍Resource includes:

Cash Course 6: Interest - Student workbook
Cash Course 6: Intereset - Sample answers

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Check you have the latest version here:

[Document ID] Resource Name

[CA6-001-1] Cash Course 6 - Interest (Workbook).pdf
[CA6-002-1] Cash Course 6 - Interest (Sample Answers).pdf

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