Question: Topic 10: Using numerical examples, discuss the differences between simple interest and compound interest. What factors determine how much interest a person would earn? Explain

Topic 10:

  1. Using numerical examples, discuss the differences between simple interest and compound interest.
  2. What factors determine how much interest a person would earn? Explain using examples.

Topic 11:

  1. How can you establish a good credit history?
  2. What does Debt Safety Ratio mean? Why is it important for a person to maintain a healthy Debt Safety Ratio?
  3. What are the strategies that a person can take to avoid credit problems?

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