NGPF ON-DEMAND REGISTRATION
The Interest We Pay
Course Details
Cost
FREE
Credit
1 NGPF Academy Credit
Description:
As you probably know, you can earn interest on savings or investments, but you get charged interest on debts. In this On-Demand, we'll focus on the latter.
In this module, you'll learn:
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How the Fed impacts interest rates; fixed vs variable rates; and the difference between interest, APR, and APY
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What qualifies as an installment loan, how mortgage rates are set, and how amortization works
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How interest is charged on revolving credit such as a credit card
ABOUT ON-DEMANDS
NGPF On-Demand is asynchronous online PD you can do at any time! Each On-Demand module should take about 1 hour to complete. You can start and stop at any time and pick up where you left off. You will receive a certificate of completion after finishing the module.