The Interest We Pay

Course Details

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1 NGPF Academy Credit


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:

  1. How the Fed impacts interest rates; fixed vs variable rates; and the difference between interest, APR, and APY

  2. What qualifies as an installment loan, how mortgage rates are set, and how amortization works

  3. How interest is charged on revolving credit such as a credit card


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.