A Look at Paying and Receiving Interest
Take a moment and consider the following…
In this section, we're going to learn about interest, something that is viewed quite differently, depending on whether you are on the receiving end or the paying end. By the end of the lesson, you'll see if, based on what you learn about interest, your answer to our life question remains the same.
After completing this section of the course, you should be able to:
- recognize the definition of interest
- determine the best decision to make in regard to interest, if your goal is to keep the most amount of money possible in a given situation
Before moving on, let's watch the following video on interest. When the video is over, proceed to the next page.