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Interest

society Maturity 11-13

Money can grow over time.

Malawi interest rates.JPG
Malawi interest rates.JPG
You can pay extra to borrow money. Or you can get extra when you save. This extra money is called interest. It helps people buy things. Do you like to save money?

40 words
🖼️ Images & Media (4)
File:Malawi interest rates.JPG
Malawi interest rates.JPG
File:UsuryDurer.jpg
UsuryDurer.jpg
File:Federal funds effective rate 1954 to present.svg
Federal funds effective rate 1954 to present.svg
File:Millinterestrate.svg
Millinterestrate.svg
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📚 Content adapted from Wikipedia | Readability: FK 13.3 | Vital Level 4