Interest

Interest

Article • 15 min of learning

Here's how Interest aligns with curriculum standards in Utah. Use the filters to change the location, set of standards, and grade level.

STRAND 4: Students will evaluate saving methods and investment strategies.

Standard 2: Discuss the pros and cons of saving.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with Interest
Identify and understand basic saving options, such as savings accounts and Certificates of Deposit.

Standard 3: Discuss the risks and returns of investing.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with Interest
Demonstrate the time value of money using a compound interest calculator.

STRAND 5: Students will understand principles of personal money management, including budgeting and managing accounts, and the role and impact of credit on personal finance.

Standard 2: Describe and discuss the impact of credit and debt on personal money management.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with Interest
Define and understand the terms associated with credit, including APR, grace period, late fees, finance charges, default rates, interest, and closing costs.
Understand and demonstrate simple interest calculations.