Chapter 30: Objectives:
- differentiate a regular savings account from a CD, a money market fund, and a money market deposit account.
- explain two advantages and disadvantages of savings account.
Math: James earns $48,000 per year and wants to save six months of his gross income for emergencies. How long will it take if he saves 10% of his income? Does it matter if he puts aside 10% of his income each month, or 10% at the end of each year?
Chapter 30: Handout
PowerPoint Presentation: 20 minutes.
Then you will create a PowerPoint: 7 slides.
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Do Hard Things,.
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