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Topic: NS5.2.2 Consumer Arithmetic
Solves consumer arithmetic problems involving compound interest, depreciation and successive discounts
Borrowing Money in Plain English
“Borrowing Money in Plain English” introduces the risks and benefits of using a bank to borrow money. The video tells the story of Rachel who reaches her goal of publishing an album by making smart decisions based on interest rates and timeframes.
Compound Interest Simulator
This applet will allow you to investigate savings account earnings, credit card debt, and a stock market simulation.
Consumer Arithmetic - Word Search
A word search for a Consumer Arithmetic topic. Words about earning, spending, investing and borrowing money.
Credit Card Game
Students must choose between 3 different credit cards before they go shopping. They then review the true cost of their purchase, depending upon the amount they choose to pay off each month.
ESSI Money Game
Registration is FREE!
The player is required to undertake a series of financial challenges during a certain period in order to achieve the best possible financial result. The ‘play time’ will be relatively short – up to a maximum of 6 hours – however, the game will simulate the results/outcomes of the player’s decisions over a 6 month time period. The player will achieve an understanding of how decisions made throughout a time period can have both positive and negative impacts on their financial situation.
Saving Money (Compound Interest) in Plain English
“Saving Money in Plain English” introduces the basics of using a bank or credit union to earn money from compound interest. The video tells the story of Jasmine, who saves money to buy a home.
SPENT
Spent is an interactive game created that challenges you to manage your money, raise a child and make it through the month getting paid minimum wage after a stretch of unemployment.