1. Essential Standard 4.00 Understand the role of finance in business.

2. Objective 4.03 Understand saving and investing options for clients.

3. Topics Saving and investing basics Saving and investing options Evaluation factors for savings and investing options

4. Saving and investing basics

5. Saving and Investing Basics Reasons money is borrowed by the following: –Individuals –Businesses –Government What is saving? What is investing? Saving influences on economic activity

6. Saving and Investing Basics continued Main goals of savers and investors Growth of savings –Simple interest –Compound interest Impact of compound frequency on savings growth rate How is simple interest calculated? How is compound interest calculated?