Money, Banking, Saving and Investing. Money: s/index.php?iid=189&type=educator.
Borrowing Money. Borrowing Get a loan Repay that amount PLUS interest Amount repaid depends on: Rate of interest ○ High = more money spent ○ Low.
BANKING BASICS. What is a Bank? -- A bank is a business. -- Banks sell services - financial services such as car loans, home mortgage loans, business.
1 Remember the Interest Standard 7. 1 Borrowing Money.