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Subject Area - 15:
Business, Computer and Information Technology
Business, Computer and Information Technology
- Standard Area - 15.6: Finance and Economics
- Grade Level - 15.6.8: GRADES 6 - 8
Standard - 15.6.8.B
Discuss the importance of developing short-, medium-, and long-term personal financial goals.
Standard - 15.6.8.E
Explain the difference between sales and income tax. Reference Family and Consumer Sciences 11.1.12.E; Economics 6.5.12.A
Standard - 15.6.8.H
Compare and contrast advantages and disadvantages of various options of paying for short- and long-term purchases.
Standard - 15.6.8.I
Compare advantages and disadvantages of different financial institutions relating to saving, investing, and borrowing.
Standard - 15.6.8.J
Explain the difference between simple and compound interest. Reference Family and Consumer Sciences 11.1.9.B
Standard - 15.6.8.K
Investigate factors that contribute to a positive or negative credit history.
Standard - 15.6.8.L
Analyze the components and value of credit reports for consumers, borrowers and lenders.
