Remember: Interest on a loan compounds too: unpaid, the pile owed grows faster each year.
Questions
1
A loan of one hundred coins stays unpaid. Which wait grows it to one hundred ten?
waiting one year to paywaiting two years to paywaiting nine years to pay
2
A loan of one hundred coins stays unpaid. Which wait grows it to one hundred sixty?
waiting five years to paywaiting six years to paywaiting two years to pay
3
Which one works against a borrower?
🪙paying a little each year on a loan📈interest on a loan nobody has paid🌳coins growing in a savings garden
4
A loan of one hundred coins stays unpaid. Which wait grows it to two hundred twelve?
waiting five years to paywaiting four years to paywaiting eight years to pay
5
Which one does not work against a borrower?
🪙paying a little each year on a loan🧮a pile owed that doubles in ten years🗓️a loan nobody touches for years
6
A loan of one hundred coins stays unpaid. Which wait grows it to one hundred thirty-three?
waiting three years to paywaiting eight years to paywaiting seven years to pay
7
A loan of one hundred coins stays unpaid. Does waiting nine years to pay make it one hundred forty-six?
YesNo
8
A loan of one hundred coins stays unpaid. Does waiting seven years to pay make it one hundred forty-six?
YesNo
9
Which one does not work against a borrower?
🌳coins growing in a savings garden🗓️a loan nobody touches for years🔁interest charged on interest owed
10
Which one works against a borrower?
🗓️a loan nobody touches for years🪙paying a little each year on a loan⏳leaving savings alone for years
11
Which one works for a saver or a borrower who pays?
🧮a pile owed that doubles in ten years🗓️a loan nobody touches for years⏳leaving savings alone for years
12
Which one works against a borrower?
🧮a pile owed that doubles in ten years🏁paying a loan back early⏳leaving savings alone for years
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