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St Francis de SalesCatholic Junior School

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Economics Education

Economics Education 

 

In Economics, Y6 have been exploring the options for taking out loans and the key terms involved. We looked at the risks and consequences of borrowing money and researched the importance of budgeting.

 

Then, using spread sheets and applying formulae, the pupils calculated the difference in the amount of interest that would need to be paid on a bank loan compared to a pay day loan.

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