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Shares and CDs

Shares and CDs

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II: Group II - Personal Finance

SPECIFIC EVALUATION CRIT.: SPECIFIC EVALUATION CRIT.

3: Banking

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Shares and CDs
1451.3.9: Explain the time value of money.

6: Savings, Investing, and Risks

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Shares and CDs
1451.6.2: Compare the features of regular savings accounts, money market accounts, and CDs.
1451.6.3: Select a preferred location for a savings account based on a comparison of interest rates and fees at different types of financial instructions.
1451.6.9: Find the current rate paid on CDs at a bank and calculate the expected real rate after inflation.