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 happen as...
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...
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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...
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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...
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 money...
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Time Value of Money- Compound Interest
Pupils study the concept of compound interest as it relates to the time value of money.
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 instructional activity that explores the methods banks use to calculate interest. Groups compare the linear simple interest pattern with the exponential compound interest...
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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...
SaveandInvest.org
Introduction to Earning Interest: Grades 9-10
Does your bank pay you for allowing them to hold your money? The lesson covers three different ways your money can make money. Topics include certificates of deposit, statement savings accounts, and money market accounts.
SaveandInvest.org
Introduction to Earning Interest: Grades 11-12
Does your bank pay you for allowing them to hold your money? Class members investigate three different ways money can make more money. Topics include certificates of deposit, statement savings accounts, and money market accounts. This...
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...
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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...
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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...
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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 these...
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A Valuable Quarter
Your young bankers model an account balance with an exponential function and solve the equation by extracting a root or taking a logarithm. The task involves the context of annual and compounding interest as well as some interesting...
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Introduction to Earning Interest: What are APR and APY?
Pupils 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 interest. ...
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The Business of Interest
Pupils explore the concept of simple and compound interest. In this interest lesson, students discuss how interest works on a loan. Pupils calculate simple and compound interest on loans of fictitious characters from a video.
Federal Reserve Bank
Savvy Savers
What are the benefits and risks of saving in an interest-bearing account? Pupils explore concepts like risk-reward relationship and the rule of 72, as well as practice calculating compound interest, developing important personal finance...
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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...
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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.
Council for Economic Education
A Penny Saved
A penny saved is a penny earned! Scholars research the different ways to save money over a lifetime. They investigate the Rule of 72, compound interest, and sub-prime loans to gain an understanding of how banks aid in the saving process....
Curated OER
Money and Credit: Making Good Decisions
Students participate in activities that teach them how to manage money. For this managing money lesson plan, students set long and short term goals for economic success by having discussions, identifying benefits of saving, and...
Federal Reserve Bank
Less Than Zero
Perry the penguin wants to buy a new scooter, but he doesn't have any funds! Walk your kids through the short book Less Than Zero, and have them track his borrowing, spending, and saving on a line graph while you read. Pupils will learn...
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Thirty Exponential Application Problems
In this exponential worksheet, students solve thirty application problems. These problems cover compound interest, continuously compounded interest, and exponential growth models.