Documents 13.1 Compound Interest Simple interest – interest is paid only on the principal Compound interest....

Slide 113.1 Compound Interest Simple interest – interest is paid only on the principal Compound interest – interest is paid on both principal and interest, compounded…

Documents Savings Accounts Section 3.3. What is a savings account? An account in which the bank pays interest....

Slide 1Savings Accounts Section 3.3 Slide 2 What is a savings account? An account in which the bank pays interest for the use of money deposited. Bank then uses that money…

Documents Banks, the Fed & Popular Types of Investments. What is a BANK? What is a NATIONAL BANK ? A BANK is....

Slide 1 Banks, the Fed & Popular Types of Investments Slide 2 What is a BANK? What is a NATIONAL BANK ?  A BANK is an institution for receiving, keeping, and lending…

Documents Taking Time Into Account and Making Investment Decisions.

Slide 1 Taking Time Into Account and Making Investment Decisions Slide 2 Overview  What economic concepts do we draw on?  Capital theory  Discounting (time value…