FINL20
Module 20: Interest (Core)
Outcome
Examine the concept of interest.
Indicators
(a) Discuss the role of interest in borrowing and saving/investing.
(b) Explain the variables of simple and compound interest, including time, interest rate and principal.
(c) Compare the effect of compound and simple interest on short- and long-term savings.
(d) Solve contextual problems that involve simple and compound interest.
(e) Forecast results for a variety of scenarios involving simple and compound interest.
(f) Compare how various online interest calculators can be used to calculate results for a variety of scenarios.
(g) Identify how various cultures (e.g., Islamic) view the application of interest and how these worldviews affect financial decisions.
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R009203
Heads Up Money
This book focuses on economics and provides thought-provoking questions as headings to explore topics such as globalization, wage gaps and market crashes. The resource would be useful to delve into questions that provide insights into the topics. Interesting text features, graphics, charts and tables appear throughout the resource.
Media and Formats : Book
Price : $16.99
Record posted/updated: December 8, 2021
R007555
Money and Youth: A Guide to Financial Literacy

This Canadian textbook supports the Financial Literacy curriculum and provides information at a suitable introductory level. The resource is organized under six headings for a total of 15 modules. The headings include: Goals, Values and Decision-making; Getting and Earning Money; Spending Money and Taking Control; Borrowing Money and Using Credit; Saving and Investing Money; and Protecting Assets and Planning for the Future.


The resource includes:



  • Student Guide, English or French, free online PDF version or hard copies can be ordered at a minimal fee

  • Teacher's Guide, English or French, free online version

(More information)
Media and Formats : Book Document
Price : Free PDF or print copies at a minimal fee.
Record posted/updated: August 9, 2024
R104137
Enriched Academy
This online portal with Canadian content is accessible through a paid subscription. It delivers a series of over 60 sequenced video lessons and more than 150 quizzes and assessments on topics related to financial literacy. It includes an interactive online platform, webinars, calculators and tools for students to use to learn more on topics such as credit, saving for retirement, the stock market, TFSA, RRSP and taxes, money myths and careers.
Media and Formats : Website
Price : unavailable
canadiancontent
Record posted/updated: February 8, 2022