Introduction Segment
Types of Interest
100

Government bonds are obtained by loaning money to the government.

What is true

100

first step of calculating interest

Simple interest formula or compound interest formula

200

Who called Interest " The most hated sort."

Who is Aristotle

200

second step for calculating interest

Calculate interest earned.

300
What do banks use money to make

What is loans

300

Third step for calculating interest

only for simple interest, add principle to calculate total.

400

What is commonly associated with interest rates at banks.

What is saving accounts

400

definition of compound interest

Is a powerful way to calculate interest

500

What century did interest become popular

What is the 18th century
500

What is risk thought of as

some sort of danger