Assignment:
- Find a dream item you really, really want. Attach a link and include the item’s price.
- Find out how much the dream item costs with the 12% tax added.
- Determine how many hours it will take you to earn the dream item on a minimum wage of $10.45 an hour.
- Look at your bank’s website. Is there a certain type of Savings Account that will help you save this amount faster?
- Is there an item, service, or product (e.g. debit/credit card) offered by the bank that could help you save faster? (Be general with this one – we’ll be learning about these things in detail soon!).
Answer all of these in a document (or on paper). Was due by the end of class; due date extended to this evening, Friday, 1 April 2016 at 6pm.
Remember: the point of this assignment is for you to find out how much sooner you can afford this dream item, so make sure at the end of your assignment, you write how many hours less it will take you with these Savings Accounts or other services.
Have a good weekend!
