Episode 1. What is Interest?
Concept:
Interest is the extra money you either pay when you borrow or earn when you save.
Simply put, it’s the cost of using someone else’s money — or the reward for letting others use yours.
Example Illustration:
Borrowing: You borrow 100 and pay back 110.
Saving: You deposit 100 and receive 105 later.
Key Sign Language Terms (linked to my video):
• Interest
Interest
• Save
Save
• Borrow
Borrow
• Money
Money
One-Sentence Summary:
Interest can be either a cost or a reward, depending on which way the money flows.