For the saver, an interest rate is the price a financial institution pays for using a saver's money and is normally expressed as an annual percentage of the amount saved.
Standard detail
2.
Benchmark
Depth 1Parent ID: 1172FDC3236B4155B800FAEEF8D74086Standard set: Grades 5, 6, 7, 8
Original statement
Quick facts
- Statement code
- 2.
- List ID
- 2.
- Standard ID
- A3225D1959DF4ED0AEBE2F26BFFF3484
- ASN identifier
- S2604553
- Subject
- Financial Literacy
- Grades
- 05, 06, 07, 08
- Ancestor IDs
- 1172FDC3236B4155B800FAEEF8D74086
- Source document
- National Standards for Financial Literacy (2013)
- License
- CC BY 3.0 US