Individual TEKS Review
Personal Financial Literacy
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8.12(A) solve real‐world problems comparing how interest rate and loan length affect the cost of credit
8.12(C) explain how small amounts of money invested regularly, including money saved for college and retirement, grow over time
8.12(D) calculate and compare simple interest and compound interest earnings
Simple Interest
Compound Interest
8.12(G) estimate the cost of a two‐year and four‐year college education, including family contribution, and devise a periodic savings plan for accumulating the money needed to contribute to the total cost of attendance for at least the first year of college
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