# Ch 1: Understanding Money & Basic Calculations

The Understanding Money & Basic Calculations chapter of this Money Management: Help and Review course is the simplest way to master understanding money and basic calculations. This chapter uses simple and fun videos that are about five minutes long, plus lesson quizzes and a chapter exam to ensure you learn the essentials of money and basic calculations.

## Who's It For?

Anyone who needs help learning or mastering money and basic calculations material will benefit from the lessons in this chapter. There is no faster or easier way to learn money and basic calculations. Among those who would benefit are:

• Students who have fallen behind in understanding money and basic calculations
• Students who struggle with learning disabilities or learning differences, including autism and ADHD
• Students who prefer multiple ways of learning money management (visual or auditory)
• Students who have missed class time and need to catch up
• Students who need an efficient way to learn about money and basic calculations
• Students who struggle to understand their teachers
• Students who attend schools without extra money management learning resources

## How It Works:

• Find videos in our course that cover what you need to learn or review.
• Press play and watch the video lesson.
• Refer to the video transcripts to reinforce your learning.
• Test your understanding of each lesson with short quizzes.
• Verify you're ready by completing the Understanding Money & Basic Calculations chapter exam.

## Why It Works:

• Study Efficiently: Skip what you know, review what you don't.
• Retain What You Learn: Engaging animations and real-life examples make topics easy to grasp.
• Be Ready on Test Day: Use the Understanding Money & Basic Calculations chapter exam to be prepared.
• Get Extra Support: Ask our subject-matter experts any money or basic calculations question. They're here to help!
• Study With Flexibility: Watch videos on any web-ready device.

## Students Will Review:

This chapter helps students review the concepts in a money and basic calculations unit of a standard money management course. Topics covered include:

• Types and functions of money
• Bank lending
• Money demand and interest rates
• Calculating the time value of money
• Identifying taxes and discounts
• Compounding interest formulas
• Solving interest problems

9 Lessons in Chapter 1: Understanding Money & Basic Calculations
Test your knowledge with a 30-question chapter practice test
Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

### Earning College Credit

Did you know… We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.