Curated OER
Compounding with a 5% Interest Rate
The balance in an account continuously compounding interest is the context of this engaging task. Your young accountants will investigate the ending balance in an account as they compound the interest more and more. Learners write the...
EngageNY
Why Do Banks Pay YOU to Provide Their Services?
How does a bank make money? That is the question at the based of a lesson that explores the methods banks use to calculate interest. Groups compare the linear simple interest pattern with the exponential compound interest pattern.
Curated OER
Rising Gas Prices – Compounding and Inflation
Financial literacy skills and exponential models are connected by the compound interest formula in this task centered on inflation calculations. Collaborative learners get experience collecting data from the given websites and exploring...
West Contra Costa Unified School District
Interest and the Number “e”
Make a connection between different types of interest and how they are calculated! This algebra II lesson progresses from simple interest to compound interest to continually compounded interest. Formulas are developed rather than given,...
Curated OER
M & M Interesting
Students compute and collect interest payments in the form of M&M candies. In this mathematics instructional activity, students work in small groups to compute either simple or compound interest. They compare the growth of their...
EngageNY
Percent Rate of Change
If mathematicians know the secret to compound interest, why aren't more of them rich? Young mathematicians explore compound interest with exponential functions in the twenty-seventh installment of a 35-part module. They calculate future...
5280 Math
Interesting Times
Gain a little interest in functions with a real-life task. Young scholars analyze home loan data with a geometric sequence and series. They use the models to make predictions about the total loan payments at certain intervals in a...
Curated OER
Compound Interest
Pupils analyze the variables in the formula of a compound interest. They model the increase or decrease of an investment using compound interest and discuss different compounding periods.
Curated OER
Introduction to Earning Interest: What are APR and APY?
Students explore saving and investing money. In this middle school personal finance lesson, students define and use investment vocabulary, explore compound interest and its effect of savings, and compute simple and compound...
Curated OER
A Lifetime of Savings
Sometimes people who seem to lead what would be considered an ordinary life do extraordinary things. Such was the case with Oseola McCarty, who donated a large sum of money for a university scholarship fund in her name. Oseala lived her...
Curated OER
Interesting Interest Rates
Your young bankers compare earning interest accumulated yearly and monthly to decide which method most increases their balance. Using an exponential function to model the bank balance affords the learners more practice connecting...
Project Maths
Introduction to e
First there was pi and now there's e. A discovery-based lesson helps learners find a pattern in compound interest as the compounding period changes. Their investigation results in the discovery of the number e. The lesson is the first in...
Curated OER
Compound Interest and Quiz on Logs
Students discuss how money accumulates interest. In this calculus lesson, students discuss compund interest based on years of investing the money. They discuss rate per period, principal and number of periods.
Curated OER
Credit Cards and Compound Interests-Exponential Growth
Eleventh graders investigate the way credit cards work when collecting interest. In this algebra lesson, 11th graders investigate the growth of interest exponentially when using a credit card. They calculate what the cheapest rate is to...
Curated OER
Making Money and Spreading the Flu!
Paper folding, flu spreading in a school, bacteria growth, and continuously compounded interest all provide excellent models to study exponential functions. This is a comprehensive resource that looks at many different aspects of...
Curated OER
The Power of Compounding
Sixth graders examine the concept of compounding interest on invested money. They explore how much interest their money would earn through compounded interest. Students conclude that they should invest early and often.
Curated OER
Comparing Investments
Money, money, money. A complete lesson that makes use of different representations of simple and compound interest, including written scenarios, tables, graphs, and equations to highlight similarities and differences between linear and...
Royal Society of Chemistry
Computational Chemistry—Chemistry Now
Can some plants make their own animal repellents? Science sleuths examine the properties of cinnamamide in pear trees using an case study about computational chemistry. The resource discusses how vital computers are to research, how...
Curated OER
Integer Solutions to Inequality
When is the last time you assigned your students only one problem? This seemly simple problem requires learners think like a mathematician and reason about how to solve this compound inequality in one variable. More than just using...
Curated OER
Filling Empty Pockets: Borrowing, Loans, and Credit
Students examine credit components and how each works within our economy today. In this financial literacy lesson, students explore credit terms and make decisions based on real credit card offers that they find in their on line research.
EngageNY
Buying a Car
Future car owners use geometric sums to calculate payments for a car loan in the 31st installment of a 35-part module. These same concepts provide the basis for calculating annuity payments.
PricewaterhouseCoopers
Saving and Investing: Building Wealth for Financially-Secure Futures
While spending is fun, saving for a retirement is the future. Young adults learn about the importance of saving and different opportunities to do so during their adulthood.
Curated OER
Video on Exponential Growth
Students watch a video on exponential growth and discuss the different graphs. In this calculus lesson, students analyze graphs using examples from the fish population, human population and investments. They discuss compounding interest...
Curated OER
The Alkaline Earth Metals
Students investigate the characteristics of alkaline earth metals. For this alkaline earth metals lesson plan, students experiment with a variety of alkaline earth metal compounds and perform tests to observe their properties. Students...
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