The nominal interest rate tells savers how the dollar value of their savings or investments will grow; the real interest rate tells savers how the purchasing power of their savings or investments will grow.
Standard detail
4.
Benchmark
Depth 1Parent ID: D89CD8D6E4F744218BA6EAEED0288308Standard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 4.
- List ID
- 4.
- Standard ID
- 9A646C9D02924E2DA3CC55ED986595A6
- ASN identifier
- S2604564
- Subject
- Financial Literacy
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- D89CD8D6E4F744218BA6EAEED0288308
- Source document
- National Standards for Financial Literacy (2013)
- License
- CC BY 3.0 US