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Chapter 4

Chapter 4. Financial mathematics. Money markets. Match the country with the currency. EUR. CHF. CNY. CAD. MYR. PLN. INR. GBP. DKK. JPY. AUD. USD. KWD. BRL. Is the money market ethical?. When you exchange currency using a trading company, some don’t charge a fee.

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Chapter 4

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  1. Chapter 4 Financial mathematics

  2. Money markets

  3. Match the country with the currency EUR CHF CNY CAD MYR PLN INR GBP DKK JPY AUD USD KWD BRL

  4. Is the money market ethical?

  5. When you exchange currency using a trading company, some don’t charge a fee. So exchanging currency doesn’t have to cost anything. Is this true? How does it work? Exchange rate 1 GDP = 1.18725 Sell rate 1.1263 • Buy rate 1.2872

  6. Banking

  7. What is interest? Why do you pay it? Why do you earn it?

  8. Inflation

  9. www Inflation is a measure of how prices are rising Cost in 1980 in the UK: 0.33 GDP If the inflation rate had been 2.8% since then, what would the price be today? During 1980, the rate of inflation in the UK peaked at 21.9%. If that had been the rate since then, how much would a loaf of bread cost today?

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