Unit 29 Finance
财 政 金 融
Part One: Expressions
1. How are your stocks doing, Jim?
2. I lost a bunch of money in the last two years.
3. I changed my strategy around too.
4. I like to open up a savings account please.
5. I want the one with the highest interest rate.
6. You have to maintain a balance of $10,000 in the account.
7. I’ll be with you in one second.
8. I want to take out a loan for school.
9. Do you qualify for any of the federal loan programs?
10. How do I go about taking it out?
Part Two: Dialogues
A: How are your stocks doing, Jim?
B: Oh, all right. I lost a bunch of money in the last two years, but this year has been pretty good.
A: Yeah. I lost money investing in the Internet, too.
B: Just goes to show that you should buy companies, not ideas.
A: I changed my strategy around too. I invest in good companies now.
B: Yeah, me too. Did you hear about Frank?
A: No, what happened?
B: He lost his kids’ college money day trading.
A: Oh, boy. His wife can’t be happy about that.
A: I like to open up a savings account please.
B: O.K. We offer a few different kinds.
A: I want the one with the highest interest rate.
B: That would be our Saver’s Plus account.
A: 4.5%, that’s good. How much money do I have to keep in it to get that rate?
B: You have to maintain a balance of $10,000 in the account or the rate drops to 3%.
A: All right. I’ll open one of those.
B: Just fill out these forms, and I’ll be with you in one second.
A: Hello, how can I help you, sir?
B: I want to take out a loan for school. What kind of interest rates do you offer?
A: Do you qualify for any of the federal loan programs?
B: Yes, but I need to borrow some more money.
A: Well, in that case, we can offer you a private educational loan.
B: What’s the interest rate?
A: It’s 7.2%, fixed-rate loan.
B: How do I go about taking it out?
A: Just fill out this application. We can let you know right away if you qualify.
B: All right. Thank you.
Part Three: Substitution Drills
1. A: How are your (stocks/ assets/ funds) doing, Jim?
B: Fine, thanks.
2. A: I lost a bunch of money in the last two years.
B: You should change your (brokerage firm/ strategy/ investments).
3. A: I invest in good companies that (are promising / have smart management/ a strong record).
B: Now that’s great thinking.
4. A: Can I help you?
B: I like to (open up a savings account/ change money/ take out a loan), please.
5. A: I want the one with the highest (interest rate/ returns/ rate).
6. A: You have to maintain a balance of ($10,000/ $100/ $5,000) in the account.
B: I see.
7. A: Excuse me, sir.
B: Yes, I’ll be with you in one (second/ moment/ minute).
8. A: I want to take out a loan for (school/ a new house/ new business).
B: I’ll have to do a background check.
9. A: Do you qualify for any of the federal (loan/ scholarship/ aid) programs?
B: I’m not sure.
10. A: How do I go about (taking it out/ applying/ signing up)?
B: Just fill out these forms and we’ll get back to you.
Part Four: Monologue
Loans are a very common in the United States. Americans take out loans to buy a car or a house, and many young people borrow money to go to university. The interest rate on a loan is very important. It is how much money you pay to your lender to be allowed to borrow the money. It is added to your monthly payments. A typical education loan might have an interest rate of 5-8 percent, and take 10 years to pay off. Students do not have to pay for their loans while they are in school under the government loan program. It is a very helpful program considering that going to college can cost as much as $120,000.
Part Five: Vocabulary and Phrases
--maintain a balance保持（收支）平衡