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Pete has money on his savings account to make sure that he won't get problems if something brakes down.

Masha wants to buy a scooter in a few years.

John is receiving €20 per year on interest

Saving for unforseen expenses

Saving up for a big expense

Earning interest

You start with a debit balance of €20.

In the shop you buy for €34 on items. Luckily you receive your wage €75.

In the shop you buy for €34 on items. Luckily you receive your wage €75.

A

no idea

B

-€20 -€34 + €75 = €21

C

€20 - €34 + €75 = €61

D

€20 + €34 + €75 = €129

MacBook (€2.939) can be bought €50 per month for 6 years. What are the costs of credit of this option?

A

no idea

B

€50 x 72 month = €3.600

C

€50 x 72 month = €3600
€3.600 - €2.939 = €661

D

€50 x 6 = €300
€2.939 - €300 = €2.639

You want to buy a product that can last quite long.

In order to pay for something that is needed right away

In order to buy a house

Savings amount €300.

Interest rate 4,5%, without compound.

How much interest from 3 years?

Interest rate 4,5%, without compound.

How much interest from 3 years?

A

Savings amount after 3 years: €300 x (1,045)^3 = €342,35

B

No idea

C

Savings amount = €342,35 so interest from 3 years is €42,35

D

€300 : 100 x 4,5 = €13,50
€13,50 x 3 = €40,50

Savings amount €300.

Interest rate 4,5%, compound interest

Interest from 3 years?

Interest rate 4,5%, compound interest

Interest from 3 years?

A

No idea

B

Savings amount after 3 years: €300 x (1,045)^3 = €342,35

C

Savings amount = €342,35 so interest from 3 years is €42,35

D

€300 : 100 x 4,5 = €13,50
€13,50 x 3 = €40,50

1. When someone uses goods and to satisfy their needs, we call that

2. When companies use more machines in

comparison to labour, we call that intensive

comparison to labour, we call that intensive

3. We call the production of companies and the government production

services

consumption

labour

informal

capital

formal

Mortgage

Personal loan

Salary credit

Equal amount per month

Buying a home

Height of salary determines the height of the loan

Bike €1000 at once or

€75 per month for 24 months

Total pay to the company?

€75 per month for 24 months

Total pay to the company?

A

No idea

B

€1800

C

€2800

D

€800

Lease

Rent

Wage

Interest

Profit

Nature

Capital

Labour

Entrepreneur-ship

Money flow --> From consumer to company

People

earn

money

earn

money

-->

-->

-->

Less

unemploy-

ment

(werkloos-heid)

unemploy-

ment

(werkloos-heid)

Companies will produce more

Buying goods and services

More labour is needed

Supply chain

Farm produces

grain

-->

-->

-->

Factory producing bread

Bread distribution

Super-market

Supply chain --> What is the added value?

Farm produces

grain

-->

-->

-->

Factory producing bread

Bread distribution

Super market

€0,10

€0,20

€0,30

€0,10

€0,40

€0,50

Added value of factory?

Calculate the amount that you will get when calculating 5,5% of 30.

Give a calculation

Give a calculation

The price of an ice cream changed from €2,50 to €2,44.

Change in %?

Change in %?

Class 31 students, 7 had an insufficient. How much percent had an insufficient? (2 decimals)