Media Summary: Learn the various functions of a bank, including acting as a depository for money and lending money (e.g., car loans, mortgages). Learn to calculate profit by examining both the revenue and the cost. A discussion is also held about calculating profit per hour. Learn to distinguish between different savings options, ranging from piggy banks to CDs and bonds. Several examples are given ...
4th Grade Math Financial Literacy - Detailed Analysis & Overview
Learn the various functions of a bank, including acting as a depository for money and lending money (e.g., car loans, mortgages). Learn to calculate profit by examining both the revenue and the cost. A discussion is also held about calculating profit per hour. Learn to distinguish between different savings options, ranging from piggy banks to CDs and bonds. Several examples are given ... Learn to distinguish between expenses that stay the same each month (fixed) and expenses that vary or change each month ... Do you know how to calculate sales tax? In part six of our Learn how to assign or distribute money, including spending, saving, and sharing. One extended example is given in the video.
As we discussed in the introduction video to this series, making a budget to balance your finances is a great way to ensure you ...
