Differentiate between saving and investing.

Indicators for this outcome
(a) Investigate the time-value of money (TVM).
(b) Calculate future value of money using computer applications or technologies such as spreadsheets and graphing calculators.
(c) Explain the relationship between saving and investing.
(d) Investigate the savings and investing habits of Canadians and similar habits of people in other countries.
(e) Summarize reasons for beginning to save and invest at a young age.
(f) Investigate criteria important for making decisions about investing.
(g) Discuss the function and purpose of interest as a source of earning.
(h) Explain how investments can earn and lose money.
(i) Explore the risks and rewards associated with investing.
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