# Lesson 9 on 22-3-2023

Welcome!
t3d
Economics: lesson nine

1 / 10
Slide 1: Tekstslide
EconomieMiddelbare schoolhavoLeerjaar 3

In deze les zitten 10 slides, met tekstslides.

Lesduur is: 60 min

## Onderdelen in deze les

Welcome!
t3d
Economics: lesson nine

#### Slide 2 -Tekstslide

Plan for today

3. Lesson goals - explanation - lesson goals

4.  Time to do the homework

#### Slide 3 -Tekstslide

Chapter 2 Dealing with money
Paragraph 2.1 Saving and investing
Paragraph 2.2 Do you have enough money?

#### Slide 4 -Tekstslide

Lesson goals 2.2
Lesson 1:
- You can explain the different motives to borrow money in your own words
- You are able to calculate credit costs
-  You can explain the risks of borrowing money

Lesson 2:
- You can explain the difference between the most common types of loans
- You are able to explain the differences between the mortgage type

#### Slide 5 -Tekstslide

Loan
Redemption
Instalments
+ interest / credit costs

#### Slide 6 -Tekstslide

Calculation credit costs
Credit costs= (number of monthly instalments × instalment table) – loan

Myra borrows €1500 to buy a scooter with montlhy instalments of €27,- with a duration of 5 years.

Question: calculate the credit costs
5 jaar x 12 maanden = 60 maanden
60 x €27 = €1620

€1620-€1500 = €120 kredietkosten

#### Slide 7 -Tekstslide

debt-to-income ratio?   Other debts?
(Check at BKR)
Risk!?
NO!
NO!
YES!

#### Slide 8 -Tekstslide

Lesson goals 2.2
Lesson 1:
- You can explain the different motives to borrow money in your own words
- You are able to calculate credit costs
-  You can explain the risks of borrowing money

Lesson 2:
- You can explain the difference between the most common types of loans
- You are able to explain the differences between the mortgage type

#### Slide 9 -Tekstslide

Let's get to it!
• What: Do exercises 21a, 22, 24 until 27

• With who: Together or alone
• Purpose: Process the information of this lesson

• Done?: Call me, I will tell you what to do next