---
title: "SSEPF4: Interest Rates and Consumers (Georgia Social Studies standard)"
code: SSEPF4
cite_as: Georgia Standards of Excellence, Social Studies, SSEPF4
subject: social_studies
grades:
  - high-school
language: en
canonical_url: https://georgiahomeroom.org/standards/code/SSEPF4
md_url: https://georgiahomeroom.org/standards/code/SSEPF4.md
alternate_language_url: https://georgiahomeroom.org/es/standards/code/SSEPF4.md
source_url: https://case.georgiastandards.org/ims/case/v1p1/CFDocuments/a446e74c-463e-11e7-94f5-b49cee8b2d8c
source_last_changed: 2025-02-04
data_built: 2026-09-18
publisher: Georgia Homeroom, a free public-interest project of Georgia Civic Data. Not affiliated with or endorsed by the Georgia Department of Education or any school district.
up: https://georgiahomeroom.org/standards/social_studies/high-school.md
index: https://georgiahomeroom.org/standards/index.md
---

# SSEPF4: Interest Rates and Consumers

Explain how interest rates affect various consumer decisions.

- Subject: Social Studies
- Appears in: High School, https://georgiahomeroom.org/standards/social_studies/high-school.md

## Expectations

- **SSEPF4a**: Compare interest rates on loans and credit cards from different institutions including banks, credit unions, pay-day loan facilities, and title-pawn companies.
- **SSEPF4b**: Define annual percentage rate and describe how different interest rates can affect monthly payments on loans.
- **SSEPF4c**: Use an online amortization tool to show how payments on a fixed loan like a mortgage are applied to interest and principal.
- **SSEPF4d**: Explain the difference between simple and compound interest and the difference between fixed and variable interest.
- **SSEPF4e**: Define nominal and real returns and explain how inflation affects interest-earning savings and investment accounts.

## Georgia Milestones coverage

No Georgia Milestones blueprint cites this standard.

Source: Georgia Standards of Excellence, published by the Georgia Department of Education at case.georgiastandards.org.