Personal Finance unit.

Class started off with Mental Math. When that was done we had to calculate our average out of 8 quizzes and hand it in to get marked.

When we finished that, we started our next unit:

Personal Finance

Tools that we will be using for this unit are the:

TVM solver(calculators)

Excel

*Web Applets from Canada only*

Today we started with the TVM solver. This allows us to put info from taking out a loan etc in the calculator and from that we can calculate monthly payments, costs of borrowing, etc. We went over an example question of buying a car, and we figured out what the monthly payments would be for the car with a 5 year loan.
From there we were given some practice questions