3rd Lesson in Financial Education

13
:/3,309 47,89,:920,494 1938908041 .,702945 490;0793 3309 472,7093 8,-4:970 .7:920399,0/94842043008907/,,83 201904374:90 94-08:..0881:3309 472,709389470.7: 950450:3/074: 705 ,841.4:7803494:4 3300/,90,898 :..0881:43080093 90792039478 ;04:, 54071:23/809,3/ 14.:843,94:300 /94,.0;0398-:8 3088 4,.08,3/0394789708:98 70/- 98,;0725479,39 0,/0785.,7,.90789 .14720 $42050450,70:894 4/947/ 80490782,9.90 7,.94389 47/81070940,734 945,41 44147% 0744/8349:8 9,304590415,07% 00/0.8435439 14720 0708/490-:8308 8,43047/490-:83088 9,90,2.4,.9,9,8 #$&%$ /439,3994 /7,32,7/0,730/2430147257/004 -:3/,3.0039,9 825 4;0-03950450 48000;0793,8,--4 41 455479:39 435348 ,4;0790 47/34,1470307 9034:72,709,84 05,3/8 4301448749 %83/:8 978349,-4:990 #$90 ! $,90 ;0750 490750450,;05,.0/3 9494:7-:8308 834974 14:/43497450784 3,,3/ 574108843,%0.4 22:39,83890/ 32090/8 .530940,7384209330 0;07/, 03 4:894574 34:89,79/3:8308 850450300/9434 ,98:5,3/303902,7090 ,;00,/078597,3380;0700 0300/940,7394800 94:723/8 0850.,9389,990008 .,3349800#48 , $,709438570,3/025407 %0470 90,2202-0788 ,709078:..08808 0;07/,,3/09 0.90/14730-:8 3088/0,84782508:..08 8083907 ;08,0308,705, 7941109/408 39 20,34:,;094/04391470;07 543039, 5,3/ 4:7309471 474:71:9: 70-:8308808,840905480/94.47090,2 202-0784.420174 2/1107039-,.74:3/803 30078,7.90.98/4. 9478,078 ,..4:39,398 70,089,90/0;045078 8443-08 9,7932--: 830889902 ,890790,79410;07,0 %0.422:39 094:34 24708:..0881:-:8308 850450 4;0:8390,7941 0;07,04:0,73 98-/439 !045030 :594 434:790,2%0.422:39 800.985045094:/0,3 /20394797:90 -:8308899,089 200114795,903.0 9490,.5045039 8-:83088%0 1472:,948:..088 ,70,/ ,8,-:057399, 70,//0503/84390507 843490 ,.9439

Transcript of 3rd Lesson in Financial Education

Page 1: 3rd Lesson in Financial Education

8/3/2019 3rd Lesson in Financial Education

http://slidepdf.com/reader/full/3rd-lesson-in-financial-education 1/13

:/3,30947,89,:920,4941938908041.,702945

490;07933309472,70938,-4:970.7:920399,0/94842043008907/,,83

201904374:9094-08:..0881:3309472,709389470.7:950450:3/074:705

,841.4:7803494:43300/,90,898:..0881:4308009390792039478;04:,

54071:23/809,3/14.:843,94:300/94,.0;0398-:83088

4,.08,3/0394789708:9870/-98,;0725479,390,/0785.,7,.90789.14720

$42050450,70:8944/947/80490782,9.907,.9438947/81070940,734

945,4144147%0744/8349:89,304590415,07%00/0.843543914720

0708/490-:83088,43047/490-:830889,90,2.4,.9,9,8#$&%$/439,3994

/7,32,7/0,730/2430147257/004

-:3/,3.0039,98254;0-0395045048000;0793,8,--441

455479:39435348,4;079047/34,14703079034:72,709,8405,3/8

4301448749%83/:8978349,-4:990#$90!$,90;0750

490750450,;05,.0/39494:7-:830883497414:/434974507843,,3/

574108843,%0.422:39,83890/32090/8.530940,73842093300;07/,03

4:89457434:89,79/3:8308850450300/9434,98:5,3/303902,7090

,;00,/078597,3380;0700

0300/940,739480094:723/80850.,9389,990008.,3349800#48,

$,709438570,3/025407 %047090,2202-0788,709078:..088080;07/,,3/09

0.90/14730-:83088/0,84782508:..088083907;08,0308,705,7941109/40839

20,34:,;094/04391470;07

543039,5,3/4:7309471474:71:9:70-:8308808,840905480/94.47090,2

202-0784.4201742/1107039-,.74:3/80330078,7.90.98/4.9478,078,..4:39,398

70,089,90/0;0450788443-089,7932--:830889902

,890790,79410;07,0%0.422:39094:3424708:..0881:-:8308850450

4;0:8390,79410;07,04:0,7398-/439

!045030:594434:790,2%0.422:39800.985045094:/0,3/20394797:90

-:8308899,089200114795,903.09490,.50450398-:83088%01472:,948:..088,70,/

,8,-:057399,70,//0503/84390507843490,.9439

Page 2: 3rd Lesson in Financial Education

8/3/2019 3rd Lesson in Financial Education

http://slidepdf.com/reader/full/3rd-lesson-in-financial-education 2/13

,89,3:,723/2,550/25,314790.:770390,7,3/903090,78

4988,08420-0.,:80430-7:,7,997,.90/9050450,3/7084:7.084.,3:/0

,3/8:554792094,7/89070,,9434194805,38

;03-014707892,80994,;0,4941198/0948,7094:0;0793-:9070,7090

94590319849

%01941.943

:80/94-0,70,/0749,/407:9922039478:/,3.04994-0.420,70,/07,3/,/407

,3994:/0104-44472894-0.420203,3/420341,.943,80

%01941,9

:80/94-0,789,3,.9;03:7.389708:9342,789,3,.9;038432,9

,91,9,99444:98/0247/3,710890,3/-0,30397057030:71,.3,39841.,0308

0;07/,2039478.4389,395:8:89474-099339490,9430474:7,0430,

5,.0,4:98/090421479430

Page 3: 3rd Lesson in Financial Education

8/3/2019 3rd Lesson in Financial Education

http://slidepdf.com/reader/full/3rd-lesson-in-financial-education 3/13

%01941'843

:80/94-0,,94.,.9;03:7.389708,.9;03004:9,90738,3/47850,/3

:9342,,94.,.9;0370,3,7,3/;843349:891474:7.:7.08-:9,84147243841

4907504504308905,9,9200920800,;843-043/243;843/70,28-043/243

/70,28

%019410,/0785

034:70390.425,341/7:3,7/8,3/,2-0784:0;039:,-0.4200902034:70

390.425,341,94.4:70,-0.420,,94.3/034:70390.425,3410,/078

0:088,94:-0.42070,90-:3/,3.0.70,908,303;74320390700,/07874,3/

97;0,3/070549039,0,/07856:,908,70,.9;,90/0.,:80410994-0.420,70,

0,/07,3/.4389,397494-0.420,70,9430

%019414;0

850.,4;390:34;,-0-0,394:3/0789,3/,3/4;050450-0,394:3/0789,3/40;07

479093,55038-0.,:80414;04;01474:74/4;01474:7.4:3974;01474:7

.422:394;01474:71,23/41.4:7804;34:780;084;3,3/70850.932801

%01941,79

0.,:80.,790,/89454073/54078034:,3984209394,5503,3/4:2,09

,550304:7/70,28:7.4,.08.4389,39,8:8034:9982089430

0;0,84490,73380884380700,702,/094.0,72,54:990309/,824398,3/0,78

414:7;08

%0.,79,/,89,3:,7,83903810/9297,33398.422:39

%01941703/85,3/%0,247

49942009301703/8703/89908,2023/80944794090794,.0;04:7/70,2809

94,;0,54071:30947410.05943,504504.4201742/1107039,84110

%01941!,8843087089089,793543941,,.0;02039349,450349,8-:9,0035:8,93/0870.

97,38.03/80;07938,8,54043,:94741%3,3/74#.3/9,98,98:..0881:

50450,;020

Page 4: 3rd Lesson in Financial Education

8/3/2019 3rd Lesson in Financial Education

http://slidepdf.com/reader/full/3rd-lesson-in-financial-education 4/13

%01941084203088

47842,30,78/3,4574104-94/7,,,,990394317422049,

20/4.704-50780-:9,8/33,4-9,929820941:1270,9089549039,,8

97394/017429085499-0.,:80,8,17,/17,/41-498:..088,3/1,:70

$:..088.4:/5:9203,548943070.,33443072,39,32.422433088,:708

5,31:84209208:,3///39,3994050703.09,90907

2,/02,3289,089,9:792021,2,3/21703/81,0/,3/-0.,:80419,9

,-00/2801,1,:70,48073444/3.,5,-041/439387977085438-0,-00/

2801,3/09490750450,-02030,90/28010.,:8041210,7,3/90,-08

9,99,0/280109,4941455479:39085,8820-1098405088,3/4500888479

41:89,..0599,9108:31,70331,.9.48094,.90,949,4807,93147,90;0710,89441107209842:.7080392039

10,8,20880,77:0/210-0.,205,7,34/293-0018,-4:92801

3/070/201742;3,1:13,3/20,331:10743-0018,-4:92801,3/4907

938-4.0/90-08838941439421010989:.108:.81090/3,.90

0307,3/90/7;094;010:8920700890/,3/,909,900;0723:90412

08903.0:89039974:9024943841;3

749090,-4;034904357%03490,8,.9:,210370974850.9,83

4;02-07/0.,70/,820,7,3/9,84394-0,2,313,2,/0

:5223/949,0.,7041210,3/21:9:70%00,7,820,794/70,294

.,309497:8923893.98944;0,,394-0574:/94/8.4;07,308/0412094

703;03928019470:3909490750450947:0942,0

23010.42097:0

Page 5: 3rd Lesson in Financial Education

8/3/2019 3rd Lesson in Financial Education

http://slidepdf.com/reader/full/3rd-lesson-in-financial-education 5/13

94482,89058942,090.,30.,30/2,999:/094,7/810,3/2507850.9;041

9047/9

,83490,89497,389431742-03,.743.508828994-03,34592890,9;9,3/

5088282109080.43/3,9:709420-03:80/949021476:9084209200,73,5489;0,999:/010909,834920,8.421479,-05,382,,3/9,8/11.:99409

4:9412809405470243549039,70,93088005/4338/0,8,/08709474

,3/05,3/,80993:3.421479,-0070,8!,382,

,3/-0320/4.70//349100799420,324709,892094.,30

7490210;84328843,3/4,894:/020321084:730,845394:/

-0,824497/0-:999:730/4:994-0-:25%070070.,0308,/941,.0574-028

9484;04-89,.0810,78801/4:-9,3/1,:70944;07.420%080.,:80/8420/0,83

,.0;324,8%4:1008420/8.4:7,020394500883088050883088

17:897,943,3//8,554392039,4390,9080//349570;03920174248389412

;843,3/24,99003/4124709,3,14124,8070209,8,55-:9

3496:908,9810/4190708:98%03090,77490,34907809414,8,82,3

5747088102574;0/,-9-:93496:9090109,9,390/94,;009234990

507843,390/94-0.42009-:9894390574.08841-0.423,3/,25,9039,3/

507889039

84:94:949075045094052030;073903/0/94:894974:103903/0/9474

974:10,3/300/49075045094052074,3/-0,717:98304190504504

70,9.4397-:90/942749,87.,0.:704807;0/,8258.4907,589

,3/84794110.4,.4724709,3,0,7340,8-00305320/0,9288:08

9,9 ,703/07327490/0,943088:0,9, 920%02470024943,1700

-0.,20901,89077089010,78,3/801/4:-9/2380/,30/2801.431/03.0

,3/801089002,27,901:9,914:3/2,940702094330,3/41130

43/071: 8:..088 ,3/ 5:75480/7;03 50450 4,.,7703 #,1, ,8 -003 430 41 2

-089249;,9478 325:78:941 13,3., 1700/42 0/40839 800294 -0.4200,7 3

5:83209424;0147,7/,27,901:94414721,221703/8270,9;084,70

;078:55479;04120

Page 6: 3rd Lesson in Financial Education

8/3/2019 3rd Lesson in Financial Education

http://slidepdf.com/reader/full/3rd-lesson-in-financial-education 6/13

10,830;07-003908,20,,3%4:344307;0,.4224310,289,47

3574708834;0,10415:75480,3/25:75480894,//;,:09490104149078,2

3443073280;31472801,430-:9,297394;014749078,8044307

5,82,,825,382,/408349807;09047/8897;094-090-0899,9.,3

-0,3/ 8,702801 9449078 34 ,21:134/85:75480 3210743,3/

.,33.:70/2.42243 10;07/,-0.4208-09907,3/-09907 ,84-0.420-09907

,3/-099070;07/,30;07, 0,74190:33434:7/70,28,70390.4:7,0430.84:98/04:7.421479430

43903999089,9:86:42,70,/,55,3/.43903/0/9,9,2/43

!07.05943413,/06:,907084:7.084:934:,7034944/034:

4:703.2,N,3,2,2,,3,,-9

4!,314:1,945,34:5,3941,

 4:7!,341.943

/0391904,3/09,

344:,399,9,7090-030198

,9,7090549039,4-89,.08

,9,709084:94384190804-89,.08

,9,704:7,.94389058

34:7-:83088.422:390,7097,30/9470.430/4:7/,8:..088%080,/1:02094-038570/9424;0147,7/,3/9444,91,:70,85,79418:..00/3,39948,70241902.70,0/0;0783.0430/470%0,202-07853890,/4314.:832/,/8,,843904859,,3/,90-38,243945, 14.:84342,350450,7057,314780,3,3/480,9,8-0032574;3

3890,/4114.:8343504504/439020 14.:80/4390-08834113/3,.422:399,938570820,3/5045044;0,3/8:55479203890,/4114.:8343907084:7.08/439,;0.0.,9,;0,.054301703/830-47870,9;082438,-908,3/44/.,7,.9073890,/4114.:83434-,3//11.:990.,0308,70 14.:8439070,7/814;07.420902,3/90489203890,/4114.:834390889,9/439,;0 14.:84390.422:394,;0,9088300/0/,3/,,;094/48$14705,98:..088/44:,399414.:843

70,270,28

0;045,0,7$03804170.943

$004:78018$012540/

4,94:4;0%44

422994.003.0

474307,3/,7/07

0/.,904:78019410430,733

!,4:7801789

0,73;0709,4190:83088

Page 7: 3rd Lesson in Financial Education

8/3/2019 3rd Lesson in Financial Education

http://slidepdf.com/reader/full/3rd-lesson-in-financial-education 7/13

0/.,904:780194$07;39078

0-84:904308994:7801,3/9078

$09!747908,3/43.0397,90$3023/0/

0;045,#05:9,943147$500/,3/0503/,-9

0!705,70/942-742!0,94!0,

!7,.9.0$018.5303%38&34.4:73-47370,9;9

0974:3/%0#9!0450

%,0.0039,70414:7!8.,0,9

00.8;0,3/.94370390/

%,0.943

0;074,:70%4035943,80/-,.4:097.9,94:,70.:77039/437934

14:7,38078$903096:089438

907!0450$947

"&$%4,.,239470,089,908049075045085740.9,8907,0395745079

.438:9,39097.070$,-,-,3.,3.,7/8,,3

 $#390470%0,2090,.390$9,09470,903.4200307,93#0,89,90,3/349

94-0.420#0,89,900398%4-0.420905745079/0;04507,3/3499070,089,90-7407%4

.70,905,88;03.420370,089,90,3/3490,730/3.42017428,08.4228843

4,.!74280:89442,3.47090,2%,5:8342:3,4-,943848,47,98,1,24

19074302439.4,./,25,,433,8,845742803090084:5147.438:9,943

19074302439,,3.4,.2,020703.,3,433,8,84309009,,,80,7

1907970024398.4,.70,/4:7-4,-4:9574.7,893,9438902:,344::.3,9,2,,3,4

/443,

 $#39070890/8/11070391742422990/39700243989,94:,70574.7,893,9324709,3

11950450,70,/2,/099490470%0,2%,98,9805,7,9089,0781742/4078

4,.,28,9810/9282,-:83088939,993834914720

 $#08-0.,:804:790,2.70,908%#$,3/%$

#$047390#9$/04190$"&#%90:83088,3/

3;08920398,3/3494390$":,/7,39.,70.425480/41254008,3/$012540/

Page 8: 3rd Lesson in Financial Education

8/3/2019 3rd Lesson in Financial Education

http://slidepdf.com/reader/full/3rd-lesson-in-financial-education 8/13

4,.7,-0.,3349097/41283088

 $#70,/4:770,8438,3/4:7/70,28,,3,3/,84:7801%'&!

$$$#%&%#$#$$

4,.:89445074,29441,7,,070390574;3.0

 $#704:,95041507843409907507843,.7.:289,3.0834;07,.0;3907/70,2

4113,3.,,3/9201700/4214:7,38078$90383491474:-0.,:800,70.425480/41

&$%!!&#$097,47/3,7-038

3.02104,.9,:920

034:054:80049078,882,507843

034:0254074:80049078,8-507843

.4480940254077,9079,305

 190770,0/90/893.943-090030254073,3/0539.,2094209,9,8053,4941

50450349.0/9,990,;039.,30907,8/0859020053902%0,7089908,20

507843470;0347809,3-01470$420920819201,89,94:.,334905902,324709089,798,3-,/938,-4:94:

%459030,250840550450-01470

,;0902.,59,147-:83088

,;09028:..0888479.:98,3/1472:,8

,;0902574;03-:83088958

,;09022430147-:7,9:94310020/.,050380,3/5,.0203910089447,-74,/

Page 9: 3rd Lesson in Financial Education

8/3/2019 3rd Lesson in Financial Education

http://slidepdf.com/reader/full/3rd-lesson-in-financial-education 9/13

,;090202542039

,;0902,85,.032420

,;0902-:83088701077,8

,;0902-:83088/0,8

,;09022144/

,;090228408,3/.4908

08590,23/30888420419850450050/-014708904304,39894800201,,3/1,

03,9903/0/9043,703/39038;0$023,7%,7;078,/,;094#',3/349

#%,840,730/9,98:..0888034:00589,3/3,3/193974:80708411,:708

4:.,34370,.4:7-/70,28034:4:78018-4:.,3437494-0-14:0,730/

,4941088438,3/09,4941050703.0$4342,9907,9899,34/1479080/11.:950450

48:39348320941,0.,:80974:1,:708747,5/

%070834937433053-:9,8,:83088#0,89,90,3/104,..448094025407

3890,/41053903943894.70,9047/.,88-:830880,/0780,/078.,3349-0.70,90/14:800902,882,50450

%45903,8002540790.47090,2

0.4,.9024:941907.421479430

0099021,.090710,7411,:70

0;09029,88-079,390280;08

009902/70,2-/70,28

0099022,0938,5503

0/7,4:990-08984:9438174290214790743574-028

00990374-079,3907574-028

0.4,.9029400524;3147,7/

0;09020,/0785:/0,3/4507,9389,3/,7/8

0-00;03902,3/09902-00;0390280;08%0/110703.041-038,9810/1742-03,2-94:8

038,9810/20,38-03,17,/4109934:9414:7.4214794300993455479:39085,88,3/

570;0394:78011742743,3/94:.34907504508;08

03,2-94:820,38-03.4:7,04:8430,.3089059,94:4:/9,09,3781470;07

455479:39-00;03905407418012574;02039-,;34:78012039470/9%#&$&$$&!!,3/03,-34:780194-0;0.041.,3039847/9,90;03

Page 10: 3rd Lesson in Financial Education

8/3/2019 3rd Lesson in Financial Education

http://slidepdf.com/reader/full/3rd-lesson-in-financial-education 10/13

Page 11: 3rd Lesson in Financial Education

8/3/2019 3rd Lesson in Financial Education

http://slidepdf.com/reader/full/3rd-lesson-in-financial-education 11/13

Page 12: 3rd Lesson in Financial Education

8/3/2019 3rd Lesson in Financial Education

http://slidepdf.com/reader/full/3rd-lesson-in-financial-education 12/13

42,342,3.,38:..00/3,304103/0,;47.0/4083490,54043

14:.,370,904:78014390798/0419089:,943034:8,&8&

3.09070,8,1,9074-74:984:3843439044948503/6:,9920

%0990-48,,90//-0,74;079700,3/54390/3949

%0-40/9090//-0,7842:.84901,907,890.,709,0742,350450

070,-09409909443909700

%0.,709,078,/22243.0479.0,2439

%09700,889005,3/7894.2-84901,907,8,,3

42:.89,990//-0,7124394-:9

:990.,709,078,/0/43980940;07.,3.2-8:5.,3099,990//

-0,7

$00390-40,07,3939094

Page 13: 3rd Lesson in Financial Education

8/3/2019 3rd Lesson in Financial Education

http://slidepdf.com/reader/full/3rd-lesson-in-financial-education 13/13

0903/0./0/94.2-909700

0,88:..0881:909939094-:9492801-7403-4308,3/-7:8080

43/43

:9,19079,90800888430;07/,:3,3/8839090//-0,7

 905,38,;0/8,550,70/,3/92,/0901,907097020,55

%#$#&%%##%'%$%#

 &###&#&%#

$50.9,.:,7,.0;020398,70,,8570.0/0/-5,389,35705,7,943