Wednesday, 26 October 2011
Tuesday, 18 October 2011
Family Compound Intrest Activaty
My parents thought Moodlic was very interesting but my moms still trying to figure it out. But she still thinks it makes a lot of sense and that it's very well built. They think that what were learning is very good and she likes who were learning about investments and about compound and simple interest and learning the formulas.
Personal CPI (Consumer Price Index)
When i did the equation i got 1.00093516981693. I don't think the answer makes sense because it is to low it should be a little bit higher because it wouldn't be so little after a year. So than i took out the i Pad the bike and the dog food and i got 1.15758928175429 which makes a lot more sense to me.
Fractions, Decimals, and Percentages
I think it's not to confusing other than in the begging because i didn't know any of it. I knew what they were but not how to change a fraction into a decimal, or how to change a decimal into a percentage. It actuality really easy after i learned it. I would like to know about changing fractions to decimals because i still don't under stand it all.
Thursday, 6 October 2011
Coumpound Intrest
R.E.S.P.
I used my R.E.S.P. for my equation my parents add 1200$ Canadian dollars a year (100 a month) and the government adds 4% of the money my parents but in every month, what i did was 1200(1+0.04)^13 and i got $1998. This is only the amount the government adds to my R.E.S.P. for the last 13 years and add that to the money my parents put in you get 17,598$ dollars Canadian.
I used my R.E.S.P. for my equation my parents add 1200$ Canadian dollars a year (100 a month) and the government adds 4% of the money my parents but in every month, what i did was 1200(1+0.04)^13 and i got $1998. This is only the amount the government adds to my R.E.S.P. for the last 13 years and add that to the money my parents put in you get 17,598$ dollars Canadian.
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