Education World – Staff Writer
A Chinese New Year tradition lends itself to a simple lesson in percent and loan interest. Kung Hey Fat Choi! That’s Happy New Year or, more accurately, May Prosperity Be With You, in Chinese. Each year, Chinese New Year falls somewhere between January 21 and February 19 (click for this year’s date). In China, the start of the new year is a time of celebration. According to tradition, the new year is also a time for clearing away bad luck and paying off old debts. (more)