Lending and Debt

Over the past few weeks we have been learning about lending and debt. Today we went over what we did last week and we also learnt some meanings of things.

Here are some meanings:

• Interest rate – The rate at which you are charged every week. This is a percentage of the overdraft balance every week.
• Max overpay limit – The maximum amount of money you are allowed to borrow.
• Weekly service fee – A fee that you regularly pay to the bank for having an overdraft.
• Unarranged overdraft – When you spend more money than you have in your account.
• Arranged Overdraft – When you apply to the bank to borrow more money than is in your bank account.
• Bankruptcy – When you have no money left and cannot pay your debts. In Banqer, this can be initiated by the creditor ( the bank)
• Set-up fee – A one-off charge that is sometimes called an establishment fee.

1. What road rules must you use when riding your bike? (7)

Riding responsibly includes:

 • obeying give way rules, road signs and markings

• using hand signals

• passing other people safely and without startling them • keeping left when it is safe • riding so that no more than two riders stay side-by-side • not riding distracted or impaired • not riding on footpaths (exceptions apply).

2. What does riding defensively mean?

It is your responsibility to be aware of hazards. Scan for hazards and be ready to deal with them. Hazards can come from the road and environment around you, and from the people you share the road with.

3. What signals should a cyclist know and when should they use them?

There are three official hand signals.

• Extend your left arm and hand to signal that you are going to turn or move left.

• Extend your right arm and hand to signal that you are going to turn or move right.

• Extend your right arm and raise your forearm and hand to signal that you are going to stop.

You must use the correct hand signal for at least 3 seconds before:

• moving into traffic

• stopping

• turning left or right

• moving left or right (such as starting off, changing lanes or taking the lane)

• entering or leaving a roundabout if you are turning left or right, as long as you can stay in control while signalling.

It was a normal Saturday morning and Violet was meeting up with her friends Emma and Jessica. They were going for their weekly swim at the beach and today was a perfect day for it, the sun was as bright as it could be, the water was as blue as if they were in the tropical islands. But they were just at their local beach in New Brighton. Before they left to go to the beach they all met up at Violet’s house for lunch. For lunch they ended up having peanut butter and jelly sandwiches for lunch. Once they ate them they got changed into their togs. They headed off to the beach. 5 minuets later… “How much longer?” Said Jessica as she complained. “We only left 5 minutes ago” said Emma “But it feels like it has been forever” Said Jessica “Stop complaining we only have 5 until we get there”Said Violet “5 MINUTES THAT’S IN FOREVER” Screamed Jessica “No it not its only in 5 minutes that’s not in forever”Emma said  5 minutes later…”See Jessica we just have to cross the road and then were at the beach”Said Violet Emma stopped and said  “If it dos’t rain” “What do you mean it’s so sunny”Said Violet “Yeah that way.Look behind us”Said Emma “…Oh no it looks like a storm we better hurry” “It just got a bit windy”Said Jessica “MY Towl!!” Screamed Violet. By the time they walked across the road,Ran up and down the sanduens about 3-4 times and finally got Violet’s towl the storm had come. “What are we going to do now? Said Emma “Well I guse we can’t go swimming”Said Jessica After 5-10 minutes of descending they ended up going back to Violet’s house to watch some movies.

Game 1:Maths Fishing

     I like this because it lets you pick what time tables you want to do. I give this game a 4/5 for Enjoyment and learning.

Game 2:Tommy’s Trek

      I like this game because it’s like a normal game but it has maths in it. I give this game a 5/5 for enjoyment and learning.

Game 3:Mental Maths

I like this game because get to pick if you want to do  – + x  I give this game a 4/5  for enjoyment and learning.