1. Chapter 4 Financial mathematics

2. Money markets

3. Match the country with the currency EUR USD GBPINR AUD CAD CHF CNY MYR DKK PLN JPY KWDBRL

4. Is the money market ethical?

5. When you exchange currency using a trading company, some don’t charge a fee. Exchange rate 1 GDP = 1.18725 Sell rate 1.1263Buy rate 1.2872 How does it work? So exchanging currency doesn’t have to cost anything. Is this true?

6. Banking

7. What is interest? Why do you earn it?Why do you pay it?

8. Inflation

9. Inflation is a measure of how prices are rising Cost in 1980 in the UK: 0.33 GDP If the inflation rate had been 2.8% since then, what would the price be today? www During 1980, the rate of inflation in the UK peaked at 21.9%. If that had been the rate since then, how much would a loaf of bread cost today?