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Short-Answer Essays

Each essay must include an introduction, body, and conclusion, and address all relevant parts of each question. Make sure to cite any references you use. Proper citation format for a reference includes the name(s) of the author(s), the title of the work, the date of the publication, and the page number.

Essay Questions

How do ordinary interest and exact interest differ? What two methods of remembering the number of days in each month does Chapter 9 discuss? For which type of interest would you use that information when calculating interest on a loan?

Based on the "Numbers in the News" graphic on page 382 in your textbook, do you agree or disagree that children should begin learning about personal finance in elementary school? Explain why or why not using examples.

What is inflation? List 3-5 ways that it affects you or your family presently and how it could affect you or your family in the future.

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