West Contra Costa Unified School District
Interest and the Number e
Mary, Mary, quite continuously, how does your money grow? Uses examples to examine the difference between simple interest and compound interest, and to take a look at different rates of compounding. Learners explore what would...
Curated OER
Compounding with 100% Interest Rates
Your young economists will be amazed at the effect of compounding interest more frequently in this collaborative task about making sound financial choices. Learners are walked through the calculations of a couple of examples and then...
Curated OER
Buying Cars/Financing Cars Compound Interest
Provide a real world context in which exponential functions are used to determine a eal world phenomena such as compound interest and exponential growth. This instructional activity should be taught after students have mastered the laws...
Houghton Mifflin Harcourt
Simple and Compound Interest
Your learners will get lots of practice calculating simple and compound interest by the end of this lesson. Simple explanations and examples lead learners through the concepts and steps of calculating simple and compound interest...
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...
Mathed Up!
Compound Interest and Depreciation
Discover how to find the value of an interest-bearing account. Individuals watch a video to learn how to use exponential functions to model compound interest. After the video, they complete a instructional activity of problems on...
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...
National Research Center for Career and Technical Education
Business Management and Administration: Compound Interest - A Millionaire's Best Friend
Many math concepts are covered through this resource: percentages, decimals, ratios, exponential functions, graphing, rounding, order of operations, estimation, and solving equations. Colorful worksheets and a link to a Google search for...
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,...
CK-12 Foundation
Compound Interest per Period: Credit Card Payment
Credit cards can be convenient, but are they worth it? Future consumers learn about compound interest and credit card payments. They use an interactive to create a table that shows the remaining balance after each month.
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
In this consumer math worksheet, students read an example of how to use the interest formula to compute interest that is compounded daily over six years. They complete a chart where they compute the interest earned over 10 years when 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
Simple and Compound Interest
In this simple and compound interest worksheet, students find the ending balance to simple interest problems. They determine the total value of investments compounded over a period of years. This four-page worksheet contains 20 interest...
Curated OER
Compound Interest
For this compound interest worksheet, students solve 3 problems after reading about compound interest. They determine the cost of the Apollo missions, they calculate inflation and the cost it would be to send man to the moon today and...
Curated OER
Money Math Lessons for Life
An outstanding lesson on financial literacy is here for you. Learners are presented with six scenarios, then compute the amount of savings they will have in their accounts. They complete a series of exercises designed to teach them that...
CK-12 Foundation
Continuous Interest
Continue teaching your financial scholars about interest. A slider interactive has users investigate the growth of an account earning continuous interest. A set of challenge questions has them solve problems given a variety of situations.
SaveandInvest.org
Introduction to Earning Interest: Middle School
Does your bank pay you for allowing them to hold your money? Class members research three different ways they can earn money using money already in the bank. Topics include certificates of deposit, statement savings accounts, and...
Curated OER
Logarithmic Functions
Learners explore the characteristics of logarithmic functions and their relationship to exponential functions. Using the subscriber website Explorelearning.com, pupils observe changes in the input variable and its effect on the graph of...
Curated OER
M&M Interesting
Students examine the concepts of trade-offs and opportunity cost to decide between savings accounts with simple interest and those with compound interest. They calculate interest earned on account balances while working in groups and...
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...
PwC Financial Literacy
Buying a Home: Terms of a Mortgage
Buying a home, dealing with a lender, securing a mortgage; these are daunting tasks for many adults. Why not teach middle schoolers about this area of adulthood so they are better-prepared to make the leap into home ownership when they...
Curated OER
How Credit Card Interest Works
Learners experiment with an Excel spreadsheet model that demonstrates the effects of interest on payments. They calculate actual costs, interest paid, and time necessary to pay off credit purchases and draw conclusions about the...
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