A Penny Saved is a Penny at 4.7% Earned

There are lots of ways to receive income, and lots of ways to spend it. In this EconomicsMinute teaching idea, students will develop two budgets, or plans, to help them decide how to allocate their income.
Resource ID#: 4564 Type: Teaching Idea
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Direct Link: http://www.econedlink.org/teacher-lesson/157/

General Information

Subject(s): Mathematics
Grade Level(s): 6, 7
Intended Audience: Educators educators, Parents
Instructional Time: 1 Hour(s)
Keywords: percent, interest, simple interest, banking, budget, income, savings, purchase, opportunity cost
Instructional Component Type(s): Teaching Idea,  Worksheet, 
Resource Collection: General Collection

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