See all 9th-12th Grades Standards
Interest

Interest

Article • 15 min of learning
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Here's how Interest aligns with curriculum standards in Washington DC. Use the filters to change the location, set of standards, and grade level.

Saving and Investing

Knowledge Standards

SI.K.1: Compare the functions, benefits and drawbacks of different types of checking and savings accounts, including but not limited to regular savings, high-yield savings, money market, certificates of deposit (CDs), college savings, health savings and retirement savings accounts.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Interest
Students will examine the average interest rate of various savings accounts.

Skills Standards

SI.S.2: Compare nominal annual rates of return, including cash flows and price changes over time on different types of investments.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Interest
Students will calculate nominal annual rates of return for various investment types.
Students will identify different types of investments, including stocks, bonds, collectibles, real estate, index funds and mutual funds.

Credit

Skills Standards

CR.S.1: Examine the cost of credit using the Annual Percentage Rate (APR), Effective Annual Rate (EAR) or the actual rate to be paid based on the period of compounding and other terms in the contract for a credit card or loan for purchases.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Interest
Students will compare the cost of borrowing $1,000 using consumer credit options that differ in rates and fees.
Students will analyze how credit card grace periods, methods of interest calculation and fees affect borrowing costs.