Day 37

Lesson Objectives

• Demonstrate how interest can grow your current money
• Identify how saving money can grow your money

Decisions/Decisions

1. Take this survey.

Assignment BAU4.1

1. Inside of your Banking Unit folder, create a new folder titled Lesson 4.  All your tasks completed in Lesson 4 should be stored in this folder.

Assignment BAU4.2

• Double Your Money
  1. Create a new Google Document titled Doubling Your Money-(Your Initials).
  2. In that document, create a table (7 x 6) that looks like this calendar.
  3. Continue doubling and complete the calendar to the end of the month.
  4. Refer back to your poll response at the beginning of this unit and decide if you would change your mind whether you would like a million dollars today or a penny doubled every day for the next 31 days.  In your document, explain why you would want one or the other.
• Savings Word Problems
  1. Read through the six-word problems dealing with savings in this document.
  2. Answer each one of the word problems in your Savings-Word Problems document.
• Biometric Banking
  1. Make a copy of this Google Document, rename it Banking Technology-(Your Initials), and move it into your Lesson 4 folder.
  2. Read the short story about the banking technonology in place today.  Then answer the questions referencing that article as well as using the online research in question two.